The Fiji Bureau of Statistics has reported an average annual inflation rate of -1.8 percent for the year leading up to February 2026. This figure signifies a general decrease in prices when compared to the previous year, highlighting a deflationary trend. The data was obtained by analyzing the average Consumer Price Index (CPI) from March 2025 through February 2026.
When looking at month-to-month changes, February 2026 saw a -0.5 percent inflation rate compared to February 2025. However, the CPI increased on a monthly basis from January 2026 to February 2026, rising by 1.0 percent—from 110.9 to 112.0.
Food and non-alcoholic beverages experienced the most significant increase during this period, with prices jumping by 2.5 percent. Notable price rises were noted in essential items such as bread, cereals, various meats, fish, seafood, vegetables, confectionery, coffee, tea, cocoa, and soft drinks.
Additionally, the miscellaneous goods and services sector saw a 2.2 percent increase, mainly due to rising costs for personal grooming and care products, jewelry, and other personal effects. The report also indicated a 1.5 percent rise in the prices of alcoholic beverages, tobacco, and narcotics, which included increases in spirits, wine, beer, tobacco, and yaqona.
Conversely, several categories experienced price declines. The transport sector observed a decrease of 1.5 percent, attributed to lower prices for motor vehicles, fuel, and sea transport. Restaurants and hotels recorded a reduction of 1.0 percent primarily due to cheaper accommodation services, while recreation, culture, and health sectors saw minor decreases of 0.3 and 0.1 percent, respectively.
The Consumer Price Index (CPI) serves as a critical measurement of average price changes concerning goods and services that households across the nation purchase. Monthly price collection is conducted in urban areas such as Suva, Lami, Nasinu, Nausori, Lautoka, Nadi, Ba, and Labasa, while also accounting for price movements in rural regions.
Overall, these statistics provide valuable insights into the economic climate in Fiji, indicating that while there are areas of price increases, particularly in food and personal goods, some sectors are benefiting from declining costs, offering a balanced perspective on the nation’s financial landscape.