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Fiji Time: 9:27 PM on Saturday 25 May

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Review notes sugar production

Geraldine Panapasa
Friday, October 12, 2012

SUGAR production rose from late June to August by 10.2 per cent despite a 14.1 per cent decline in cane production.

The Reserve Bank of Fiji says the figures indicated the improvement in milling efficiency and quality of cane supplied to the mills.

In its economic review for the month ending September, RBF said latest data available on cement and gold production revealed an increase in output for the first eight months of the year.

"On the downside, electricity production fell marginally cumulative to August (-0.5 per cent) underpinned by the reduction in electricity consumption (-1.7 per cent) and the blackouts encountered this year coupled with energy conservation measures adopted by consumers," the review noted.

"Despite positive performances across major sectors over the first half of this year, the softness on the global economic front may impinge on real sector outcomes in the coming months."