Inflation Fiji 2023
Average inflation: 2.2%
Current Inflation
Inflation is normal at 2.2%, around the ECB target.
Peak and Trough
The highest inflation was in November at 5.4%. The lowest inflation was in July at 0.3%.
- Highest month
- November: 5.4%
- Lowest month
- July: 0.3%
- Difference
- 5.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 7.5%. The lowest price increase was in Energy with an average of -0.3%.
- Highest increase
- Food: 7.5%
- Lowest increase
- Energy: -0.3%
Historical Context
Current inflation is 1.0% higher than the 5-year average of 1.2%.
- 5-year average
- 1.2%
- 10-year average
- 1.9%
- All-time high (2011)
- 7.3%
- All-time low (2020)
- -2.6%
Trend
Inflation shows an upward trend. Compared to 2022, inflation has risen by -2.3 percentage point.
- Change vs. previous year
- -2.3 percentage points
- Largest monthly swing
- August: -5.0 percentage points
ECB Target
Inflation is close to the ECB target of 2.0%.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €102.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2023
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2022 |
|---|---|---|
| January | 2.5% | -0.2 |
| February | 1.5% | -0.4 |
| March | 2.0% | -2.7 |
| April | 1.4% | -3.3 |
| May | 0.8% | -4.2 |
| June | 0.9% | -4.2 |
| July | 0.3% | -4.9 |
| August | 0.9% | -5.0 |
| September | 2.1% | -3.0 |
| October | 3.5% | -1.9 |
| November | 5.4% | +0.2 |
| December | 4.6% | +1.0 |
| Average | 2.2% |
Data source
Data from WorldBank. Last updated: 06/01/2026.