Fiji recorded a high level of consumption activity in 2014.
According to the Reserve Bank of Fiji, the positive outcome has been supported by healthy inflows of inward remittances, which increased by 13% to a new record of $383.2 million.
Higher income levels were also a factor due to an 18.5% increase in Pay As You Earn Tax collections.
The RBF’s Job Advertisements Survey also showed a 12.8% increase in job advertisements.
Net Value Added Tax collections, which are a partial indicator of consumption activity, also rose by 6.1% last year.
The Reserve Bank said new consumption lending also increased to the wholesale, retail, hotels and restaurants sector and private individuals.
