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Published 18 days ago

Spending, confidence dampened, says RBF

Summary by FijiTimes

BUSINESS and consumer sentiments are slowing down, the Reserve Bank of Fiji (RBF) has revealed in its April Economic Review released on Tuesday. Indicators, such as value added tax (VAT) collection and consumption-related lending, have dropped, indicating subdued consumer demand despite increased income levels. Business optimism, gauged by RBF’s latest Business Expectation Survey (BES), also dampened, evident in major declines in new investment-…

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Spending, confidence dampened, says RBF

BUSINESS and consumer sentiments are slowing down, the Reserve Bank of Fiji (RBF) has revealed in its April Economic Review released on Tuesday. Indicators, such as value added tax (VAT) collection and consumption-related lending, have dropped, indicating subdued consumer demand despite increased income levels. Business optimism, gauged by RBF’s latest Business Expectation Survey (BES), also dampened, evident in major declines in new investment-…

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