Fiji Inflation Rate

Last Release

Jan 31, 2025

Actual

Units In

1.3

Frequency

Monthly

Next Release

N/A

Time to Release

N/A

Highest	Lowest	Average	Date Range	Source
10.5 Apr 2010	-3.5 Jun 2020	3.3 %	2003-2025	N/A

In Fiji, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (28.3 percent of total weight). Transport accounts for 14.5 percent; Housing and Utilities for 11.7 percent; Education for 10.2 percent; Alcoholic beverages and Tobacco for 7.7 percent and Miscellaneous Goods and Services for 7.7 percent. Furniture, Household Goods and Maintenance; Communication; Recreation and Culture; Restaurants and Hotels; Clothing and Footwear and Health account for the remaining 19.9 percent of total weight.

Latest Updates

The annual inflation rate in Fiji climbed sharply to 4.0% in January 2025 from 1.3% in December, marking the highest reading since last September. Food prices rose the most in five months (9.3% vs 1.4% in December) amid upward price pressures from other components including alcoholic beverages and tobacco (7.1% vs 9.2%), household equipment & routine maintenance (0.1% vs 0.3%), restaurants and hotels (1.6% vs 4.8%), education (0.4% vs 0.4%), and miscellaneous goods and services (1.1% vs 2.3%). Additionally, the cost of recreation and culture was flat after falling by 0.9% in December. Meanwhile, transport prices fell the least in four months (-3.5% vs -5.2%) and housing cost dropped at a slower rate (-1.0% vs -1.8%). Meanwhile, clothing & footwear prices continued to drop (-0.4% vs 0.3%). On a monthly basis, consumer prices rose by 2.0% in January, rebounding sharply from the prior 0.1% fall and indicating the fastest pace since February 2021.