1. The current state of the Fiji economy  Ladies and gentleman, the recovery in the Fijian economy which started in 2010 has now gained a much firmer footing, despite the continued sluggishness in key trading partner economies during the same period.
First, and most obviously, a core measure should be less volatile than total inflation. Second, it must be unbiased. By this we mean that the core inflation measure must track long-run movements in the total CPI very closely. Third, a good core measure must also be a reliable predictor of future trend movements in the total CPI.