Cement prices up

For investors considering investing into property, please note that cement prices are up 3% after an approval by the Commerce Commission last December. The increase sees the price of bagged cement rise from F$198 to F$203.94 per tonne. Fiji Industries, a subsidiary of the Fijian Holdings Limited group of companies, is the major producer of cement in Fiji.

For information on prices in general, refer to the Reserve Bank of Fiji website, www.rbf.gov.fj, for commentary on the Consumer Price Index (CPI). The Bureau of Statistics would also have data on the CPI.