Easing prices dips April’s inflation rate to minus 0.9 percent

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Minister for Finance, Prof Biman Prasad at a recent budget consultation – SUPPLIED

Government has reported Fiji’s inflation rate dropped to minus 0.9 percent in April 2025.

Deputy PM and Minister for Finance, Professor Biman Prasad said this was the lowest monthly rate since May 2021 and a significant decline from 7.1 percent recorded in April 2024.

He said the decline in inflation reflects easing price pressures across key categories, particularly food, transport, clothing, and utilities.

“This is welcome news for both the Government and ordinary Fijian households,” he said.

“It reflects the combined impact of favorable global commodity trends—particularly falling fuel prices—and the Government’s targeted interventions to contain cost-of-living pressures.”

Prof Prasad added Government remains firmly committed to protecting the welfare of all Fijians.

“We will continue to monitor inflation developments closely and stand ready to take further action where necessary to support households and promote broad-based, inclusive economic growth.”