RBF warns of sharp inflation spike as global oil prices rise

2026-03-26 - 20:12

Fiji’s annual inflation remained low at the start of this year, but it rose to -0.5 percent last month from -2.5 percent in January. However, Reserve Bank of Fiji Governor Ariff Ali says, given the impact of the Middle East war on commodity prices, especially crude oil and gas prices, inflation is expected to rise