- The Reserve Bank of Fiji maintains its monetary policy due to falling inflation and strong foreign reserves.
- Annual headline inflation dropped to -3.5% in August, influenced by VAT cuts and bus fare subsidies.
- Lower prices in food, transport, and fuels offset increases in alcohol and hotel services.
- Inflationary risks remain due to global tensions and the cyclone season.
- Fiji’s foreign reserves are strong, and domestic consumption and investment are growing.
Source: fijitimes.com.fj
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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