FX.co ★ Fiji Consumer Prices Drop the Most in Near 4 Years

In April 2025, Fiji experienced a 0.9% decrease in consumer prices year-over-year, in stark contrast to the 1.5% rise seen in the previous month. This marked the first instance of deflation since July 2021 and the most significant annual price drop in almost four years. The principal contributor to this decline was the reduction in food prices, which decreased for the first time since November 2020 and at the fastest rate since June 2020, falling by 4.3% compared to a 0.2% increase in March. Additionally, housing prices saw a further decline (-0.8% from -0.5%), along with transport prices (-2.7% from -1.5%), both experiencing their most considerable reductions in three months. Prices for clothing and footwear (-1.5% from -0.7%) and recreation (-0.7% from -0.5%) also fell more swiftly. Conversely, certain categories witnessed price increases: miscellaneous goods and services rose by 9.9% from 9.3%, alcoholic beverages and tobacco climbed 3.9% from a previous 7.6%, education remained steady at 0.5%, and furnishings, household equipment, and routine maintenance stayed at a 0.4% growth rate. On a month-to-month basis, consumer prices dipped by 0.6% in April, following a 0.6% rise in March.