NUKUʻALOFA: Tonga’s inflation rate has decreased by 2.1 percent as a result of lower prices for both imported and domestic goods. The Reserve Bank says domestic inflation fell by 4.3 percent, which it attributed to lower food prices, as well as cheaper household operations components.
The rate of inflation for imports was much smaller — 0.4 percent — which it attributed to lower transport costs partially due to falling global oil prices.
Radio Tonga says prices for imported food has also decreased.The Reserve Bank says it expects the current trend to continue until the end of the year.
