Fiji Times Monday 04 September 2017 DOMESTIC economic activity in August remained steady on the back of expanding aggregate demand and better performances in the tourism and sugar industries.
The Economic Review for August released by the central bank stated that this was backed by the rise in visitor arrivals by 6.3 per cent cumulative to July.
This, the Reserve Bank of Fiji stated, was supported by higher arrivals from New Zealand, Australia, the US, Rest of Asia and the Pacific Islands.
The central bank also noted increases in production of cane (52.6 per cent) and sugar (60.4 per cent) in the first 13 weeks of crushing, buoyed by improvements in cane supply and recovery from last year’s adverse weather conditions. Read more…
