The total volume of agricultural exports significantly fell by 2,022.7 tonnes (75.3%) to a total of 662.2 tonnes in December 2017. This reflects the usual trend for the agricultural exports in December of every year, yet recorded above average agricultural exports of 500 tonnes in comparison to December of the last five years. Read more in the Agricultural Exports Volumes report for December.

Tonga’s major trading partners experienced varying levels of growth throughout February. The US financial markets recorded a slump in the stock markets which was driven by a change in the investors’ risk appetite and temporarily affecting developments in the US economy.

The total exported marine products continued to fall over the month by 20.5 metric tons (40.3%). The monthly trend for December followed a high volume of exported tuna in October 2017 before decreasing in the last two months of 2017. Read more in the Marine Exports Volume for December 2017.

Inflation rose over the month by 1.0% as both domestic and imported commodity prices increased during the month. The local component of inflation was mainly driven by the seasonality of local food and a further rise in the price of kava-Tonga. Read more in the Inflation report for December 2017.

Total international arrivals continued to follow the usual trend to record the highest air arrival in December every year as people come from abroad to spend Christmas and new year with families here in Tonga. Total international arrivals increased by 3,826 passengers (41.5%), which was attributed to a 5,347 increase in air arrival visitors. Read more in the International Arrivals and Departures report for December 2017.

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