Fiji's Retail Boom: A 4.6% Surge in Sales Sparks Economic Optimism

Fiji’s Retail Boom: A 4.6% Surge in Sales Sparks Economic Optimism

The total sales of wholesale and retail businesses in Fiji amounted to $6.89 billion last year, marking a 4.6% increase compared to the previous year. According to data from the Fiji Bureau of Statistics, this growth was significantly driven by a surge in the sales of fuels, motor vehicles, and hardware items. Notably, sales from automotive fuels experienced an 8% rise, equating to $173.2 million, while the food, beverages, and tobacco sectors contributed $42.3 million, reflecting a 2.1% growth.

Additionally, the statistics showed a remarkable 17.8% increase in motor vehicle sales, translating to an additional $53.3 million. Other sectors also reported gains, including household appliances, furniture, textiles, clothing, and footwear, demonstrating a broad recovery within the retail landscape.

However, it’s important to note that pharmaceutical supplies saw a slight decline of 0.6% during the same period. The report covers data from registered businesses only involved in wholesale and retail trade.

This positive trend in sales suggests a strengthening economy, with consumers increasingly willing to spend on both essential and discretionary items. With the tourism sector rebounding, there is optimism for sustained growth as more people engage in spending, potentially leading to further economic recovery and stability in Fiji.


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