The Fiji Times, 01 January 2018 – ROBUST consumption and investment activity continue to drive aggregate demand in the country, the central bank stated.
In the Reserve Bank of Fiji (RBF) Economic Review for the month ended December 2017, the central bank noted that favourable monetary and labour market conditions, higher disposable incomes and inward remittances remained supportive of business investment and consumer spending.
RBF also noted that consumption indicators such as new lending for consumption purposes increased in the first eleven months led by higher growth in the wholesale, retail, hotels and restaurants sector. Read more…
