The National Consumer Price Index (CPI) fell by 0.2 percent to 130.2 during the month of January 2025.
The latest CPI bulletin released on Tuesday this week showed that throughout the year, compared to the same month in 2024, the National CPI rose by 4.1 percent, a statement from the National Statistics office (SINSO) yesterday said.
The most significant changes by major expenditure groups from the previous month include:
- Food and Non-Alcoholic Beverages: (+2.0%),
- Alcoholic beverages, tobacco and narcotics: (-4.5%),
- Housing, water, electricity, gas & other fuels: (-1.1%)
- Transport: (+0.9%)
- Education: (+3.5%)
- Restaurants & hotels: (+0.2%)
Quoting from the report, the Acting Government Statistician Samson Kanamoli said the Solomon Islands inflation rate calculated on a three-month moving average basis was + 5.0% in January 2025.
“The corresponding inflation rates for imported items was +1.5% while other (domestic) items inflation rate was +6.5% for January 2025.
“The Solomon Islands underlying rates of inflation based on a 3-months moving average was observed between +1.1% and +2.4% in January 2025.”
Kanamoli said the headline inflation rates for the respective provincial towns calculated on a 3-months moving average basis were: Honiara: (+5.5%); Auki: (+4.6%); Gizo: (-0.8%), and Noro: (+0.0%).
