Inflation declines

Fake Facebook profiles involving the Reserve Bank of Fiji

The Fiji Times, 04 October 2017 – THE country’s inflation rate has further declined to 1.9 per cent in August from 2.0 per cent a month earlier, the lowest it has been since 2015.

The Reserve Bank’s Economic Review for the month ended September 2017 released on Monday, the low inflationary pressures remained low while higher prices of alcohol and tobacco in the review period were partly offset by restrained crude oil prices and food prices.

This, according to the review, had been on the decline for the past four months. read more…