Expect prices of goods impacted by global factors, to continue to rise as the Reserve Bank of Fiji has predicted that the inflation rate which currently stands at 5 percent is expected to go as high as above 7 percent by the end of the year before it starts going down.
With these global issues continuing to affect us, the Fijian Competition and Consumer Commission has also confirmed that prices of Rewa Powdered Milk and Rewa Butter increase from today.
The Commission stresses that it is important to remember that the measures brought in by the government and the Commission cannot completely eliminate rising costs, which means that all Fijians will need to do their part as consumers and prepare to be more frugal in the days to come and practise prudence in their spending habits.
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SOURCE: Fijivillage