Whiteside explains inflation causes

Whiteside explains inflation causes

Fiji Times, 03 February – MOST of the inflationary pressures last year came from domestic supply side factors after the onslaught of natural disasters, says Reserve Bank of Fiji (RBF) governor Barry Whiteside.

“Inflation going forward in the near term is expected to continue to be domestically driven with any major downside risks stemming from adverse weather conditions but also, any sharp increases in international oil and food prices,” he said.

As such the RBF has projected the year-end inflation about 2.5 per cent. Read more…