Higher kava prices, inflation rate stands at 2.3pc

The Reserve Bank of Fiji (RBF) says inflation rose to 2.3 per cent in February from 1.5 per cent in January attributed to the higher prices for kava, alcohol and tobacco. Picture: FILE

The Reserve Bank of Fiji (RBF) says the rise in inflation last month is attributed to the higher prices for kava, alcohol and tobacco. Picture: FILE

THE country’s inflation rate rose to 2.3 per cent in February from an earlier low of 1.5 per cent in January, the central bank reported in its latest economic review. The rise in inflation last month was however lower than the 5.5 per cent registered in the same period last year. According to the Reserve […]

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