The Solomon Islands National Consumer Price Index (CPI) experienced a 1.6 percent decrease in September 2025, falling to 132.7, according to the latest data released by the National Statistics Office (NSO).

Despite this monthly decline, the annual inflation rate remains significant, with the CPI showing a 4.9 percent increase compared to September 2024.

The CPI is a key economic indicator that measures the average change over time in the prices paid by households for a fixed basket of goods and services. It is the most widely used measure of inflation.

The monthly drop was driven largely by substantial price decreases in specific categories. The most significant change was observed in Alcoholic beverages, tobacco and narcotics, which fell by 7.1 percent.

The critical Food and Non-Alcoholic Beverages group also saw a notable decrease of 1.0 percent, providing relief to household budgets. Other groups, such as Furnishings, household equipment & routine household maintenance (-0.3%) and Transport (-0.1%), also contributed to the overall monthly decline.

Conversely, some categories experienced slight price increases during the month, including Restaurants & hotels (+0.2%), Housing, water, electricity, gas & other fuels (+0.1%), and Recreation & culture (+0.1%).

Inflation Analysis Shows Divergence Between Domestic and Imported Goods

A deeper analysis of the inflation rate, calculated on a 3-month moving average basis, reveals a stark contrast between domestic and imported goods. The overall inflation rate for September 2025 stood at +5.7%.

  • The inflation rate for imported items was stable at 0.0%, indicating minimal price pressure from international markets.
  • In contrast, the inflation rate for other (domestic) items was significantly higher at +8.2%, highlighting ongoing price pressures within the local economy.

This data suggests that while the cost of imported goods has stabilized, domestic factors continue to be the primary driver of the country's annual inflation rate.

Summary of Key Figures:

  • National CPI (September 2025): 132.7
  • Monthly Change (Sept 2024 vs Sept 2025): -1.6%
  • Annual Inflation (Sept 2024 vs Sept 2025): +4.9%
  • Inflation (3-Month Average, Sept 2025): +5.7%
  • Domestic Items Inflation: +8.2%
  • Imported Items Inflation: 0.0%

The release of this data provides critical insights for policymakers, businesses, and consumers, illustrating the complex dynamics between global price stability and domestic economic pressures in the Solomon Islands.

VISIT THE LINK FOR FULL REPORT: https://statistics.gov.sb/national-consumer-price-index-declines-by-1-6-percent-in-september/?fbclid=IwY2xjawN43uZleHRuA2FlbQIxMQBzcnRjBmFwcF9pZBAyMjIwMzkxNzg4MjAwODkyAAEeb7spBbs8q8qj3JOmgjXqKEPFMXcCCzgRgOO1Z-S85G9lqKwJw_SQDch2Ikw_aem_cdA7k8sHNT3UR8rABKXE1w

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