Fiji's central bank warns of inflation surge as global fuel prices rise

SUVA, March 27 (Xinhua) -- Given the impact of the Middle East conflict on commodity prices, especially crude oil and gas prices, Fiji's inflation is expected to rise sharply in the next few months, the Reserve Bank of Fiji (RBF) warned on Friday. The bank governor, Ariff Ali, said in a statement that fuel and gas account for 6.9 percent of the average household budget in Fiji, meaning roughly seven cents of eve
2026-03-27 12:15:06