National Consumer Price Index declines by 0.9 percent in March 2025

May 4, 2025 | Consumer Price Index, Statistics

The National Consumer Price Index (CPI) dropped a further 0.9 percent to 127.1 during the month of March 2025.

The latest CPI bulletin from the National Statistics Office stated through the year, compared to the same month in 2024, the National CPI rose by 2.1 percent.

The most significant changes by major expenditure groups from the previous month include:

 Food and Non-Alcoholic Beverages: (+0.4%),

 Alcoholic beverages, tobacco and narcotics: (-8.9%),

 Housing, water, electricity, gas & other fuels: (+2.0%)

 Furnishings, household equipment & routine household maintenance: (+0.8%)

 Transport: (+0.2%)

 Education: (+0.2%)

 Miscellaneous goods & services: (-0.1%)

The Solomon Islands inflation rate calculated on a 3-months moving average basis was + 2.4% in March 2025.

The corresponding inflation rates for imported items was +1.7% while other (domestic) items inflation rate was +2.7% for March 2025.

The headline inflation rates for the respective provincial towns calculated on a 3-months moving average basis were: Honiara: (+2.5%); Auki: (+5.1%); Gizo: (-0.5%), and Noro: (+0.2%).

The main percentage changes in index by CPI town and expenditure group from the previous month include:

Honiara: (-0.9%)

The most significant changes in movements include:

 Food and Non-Alcoholic Beverages: (+0.7%)

 Alcoholic beverages, tobacco and narcotics: (-8.9%)

 Housing, water, electricity, gas and other fuels: (+2.1%),

 Furnishings, household equipment & routine household maintenance: (+1.0%)

 Transport: (+0.2%).

 Miscellaneous goods & services: (-0.1%)

Auki: (+0.4%),

The main contributors to the movements were:

 Food and Non-Alcoholic Beverages: (+0.4%).

 Alcoholic beverages, tobacco and narcotics: (-2.3%).

 Clothing & footwear: (-0.1%)

 Housing, water, electricity, gas and other fuels: (+1.4%)

 Furnishings, household equipment & routine household maintenance: (+0.2%)

 Education: (+1.4%).

Gizo: (-3.1%)

The main drivers to these movements were:

 Food and Non-Alcoholic Beverages: (-2.7%).

 Alcoholic beverages, tobacco and narcotics: (-22.9%).

 Clothing & footwear: (-0.4%)

 Housing, water, electricity, gas and other fuels: (+1.9%)

 Furnishings, household equipment & routine household maintenance: (+0.1%)

 Education: (+2.8%)

Noro: (+0.7%)

The main contributors to the movements were:

Food and Non-Alcoholic Beverages: (+1.1%)

 Alcoholic beverages, tobacco and narcotics: (1.1%)

 Housing, water, electricity, gas and other fuels: (+0.8%)

ENDS.///