Key economic sectors perform well: RBF
November 3, 2014 5:19 am
The latest review by the Reserve Bank of Fiji states that key sectors of the economy continue to perform positively.
As at 20th October cane production increased by 15.9% and an increase of 28% was recorded in sugar production.
Cumulative to September, woodchip and electricity production also rose by an annual 49.2% and 0.2% respectively.
The RBF says tourism demand continued to strengthen in the review period as visitor arrivals rose by 4.2% in the first nine months of the year.
The construction sector also recorded an increase by 24.4% in the first six months of this year.
The buoyant economic conditions are positive for the Fijian labour market.
Fiji’s Job Advertisement survey shows the number of jobs advertised increase by 17.7%.