Yaqona Prices Increase
“The non-additivity issue is (under) investigation by the bureau with the support of external consultants, and subject to revision in due time.
Tuesday 09 January 2024 | 01:40
Higher prices were recorded for yaqona, furniture and furnishings, major household appliances and non-durable household goods.
Users of Fiji’s consumer price index have been warned to exercise caution when interpreting statements.
The warning from Fiji Bureau of Statistics was issued on its Consumer Price Index - December 2023 report.
According to a bureau statement dated January 2, 2024, the consumer price index weights were derived from the household and income expenditure survey 2013/2014.
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“The average annual rate of inflation for the 12 months to December 2023 stands at four per cent, while the month-on-month inflation rate stands at 5.1 per cent,” the bureau chief executive officer Kemueli Naiqama said.
“The All Items consumer price index for December 2023, registered a decrease of 0.6 per cent over November 2023, and stands at 123.2.”
Higher prices were recorded for yaqona, furniture and furnishings, major household appliances and non-durable household goods.
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