The Fiji Times, 03 October 2018 – FIJI’S inflation rate fell to 4.3 per cent in August from the 4.7 per cent in July; although still higher than 1.9 per cent recorded in the same period last year.
According to the recent Economic Review for the month ended September 2018 released by the Reserve Bank of Fiji (RBF, higher prices were noted for yaqona, alcoholic drinks & tobacco, vegetables and fuel items.
Inflation is the rate at which the general level of prices for goods and services rise and consequently the purchasing power of a currency falls. Read more…
