The Consumer Price Index [CPI] is compiled to indicate average changes in the prices of goods and services purchased by households nationwide with monthly price collections carried out in the urban areas [Suva, Lami, Nasinu, Nausori, Lautoka, Nadi, Ba and Labasa]. The index is currently taken to represent price changes in the rural areas as well. The CPI weights are derived from the Household Income and Expenditure Survey [HIES] of 2013/2014.
The average annual rate of inflation for the 12 months to March 2025 [i.e. comparing the average CPI for the 12 months from April 2024 – March 2025; with the average for the 12 months from April 2023 – March 2024] stands at 4.0 percent while the month-on-month inflation rate [compared with March 2024] stands at 1.5 percent.
