Press Releases & Economic Releases for 2017


Media & Press Releases

October  
6 October 2017 Monetary Policy Decision
Tu’utu’uni ki he Fokotu’utu’u Ngāue Fakapa’anga
3 October 2017
Foreign Reserves fell by $2.0 million over September

September  
11 September 2017 Monetary Policy Decision

Tu’utu’uni ki he Fokotu’utu’u Ngāue Fakapa’anga
5 September 2017 Foreign Reserves fell by $3.9 million over August

August  
18 August 2017 Foreign Reserves rose by $1 million over July
16 August 2017 National Reserve Bank of Tonga Issues the Demand Side Survey Report
Lipooti ‘o e savea ki he ngaahi fiema’u ‘a e kakai fekau’aki mo e ngaahi ngaue fakapa’anga
2 August 2017 Monetary Policy Decision
Tu’utu’uni ki he Fokotu’utu’u Ngāue Fakapa’anga
2 August 2017
National Reserve Bank of Tonga Eases Exchange Control Requirements

July  
31 July 2017 Monetary Policy Statement for February 2017
Fakamatala Fokotu’utu’u ngāue fakapa’anga ki Fepueli 2017
25 July 2017 Foreign Reserves rose by $15.6 million over June

June  
21 June 2017 Foreign Reserves rose by $20.6 million over May
6 June 2017 Monetary Policy Decision

Tu’utu’uni ki he Fokotu’utu’u Ngāue Fakapa’anga

May  
10 May 2017 Foreign Reserves recorded a $5.7 million rise over April
1 May 2017 Monetary Policy Decision
Tu’utu’uni ki he Fokotu’utu’u Ngāue Fakapa’anga

April  
21 April 2017 Foreign Reserves declined by $11.7 million over March
20 April 2017 Foreign Reserves declined by $3.1 million over February
3 April 2017 IMF Staff Concludes Visit to Tonga

March  
29 March 2017 Monetary Policy Decision

Tu’utu’uni ki he Fokotu’utu’u Ngāue Fakapa’anga
13 March 2017 Unauthorized Foreign Exchange Services
Fakafetongi Pa’anga Muli Ta’efakalao
7 March 2017 Monetary Policy Decision

February  
9 February 2017 Foreign Reserves rose by $2.0 million over January
3 February 2017 Reserve Bank Eases Exchange Control Requirements
2 February 2017
Monetary Policy Decision

January  
31 January 2017 Foreign Reserves rose by $17.9 million in December

Economic Releases

October  
6 October 2017
Monthly Economic Review for July

September  
27 September 2017 Private container registrations push total registrations lower in June
Container Registrations
6 September 2017 No watermelon exports drove agricultural exports lower
Agricultural Exports Volumes
5 September 2017 More visitors arrived in June
International Arrivals & Departures
5 September 2017 Church conferences and other events drive international arrivals higher in May
International Arrivals & Departures
4 September 2017 Lending and deposits continue to grow steadily
Banking Sector Developments
1 September 2017 Decline in taxis and rental registrations pushed total vehicle registrations lower
Vehicle Registrations

August  
28 August 2017 Monthly Economic Review for June
17 August 2017 Tuna and Snapper exports declined considerably
Marine Exports Volume
16 August 2017 The “family” month of May recorded hike in remittance receipts
Remittances
16 August 2017 Overall surplus soared due to large inflows of foreign aid
Overseas Exchange Transactions
15 August 2017 No cruise ship arrival drive total arrivals lower
International Arrivals & Departures
15 August 2017 A favourable month for tuna and snapper exports
Marine Exports Volume
15 August 2017 Less air arrival visitors push total arrivals lower
International Arrivals & Departures
15 August 2017 Annual imported headline inflation remained constant from previous month
Inflation
15 August 2017 Domestic inflation driving monthly headline inflation higher
Inflation
15 August 2017 High liquidity remains coinciding with strong growth in deposits
Banking Sector Developments
3 August 2017 Better month for harvest of root crops
Agricultural Exports Volume
3 August 2017 Cars and light vehicle registrations drive total vehicle registrations
Vehicle Registrations
3 August 2017 Both business and private container registrations increased
Container Registrations
2 August 2017
Monthly Economic Review for May

July  
14 July 2017 Drop in business containers outweighed rise in private container registrations
Container Registrations
10 July 2017 Reduction in receipts for family support drive remittance receipts to fall
Remittances
10 July 2017 Higher interbank transfers drives overall surplus
Overseas Exchange Transactions
10 July 2017 Monthly Economic Review for April
10 July 2017
Household loans continue driving credit growth
Banking Sector Developments

June  
29 June 2017 Family support transfers fuel higher remittance receipts
Remittances
28 June 2017 Lending by banks continue to grow
Banking Sector Developments
28 June 2017 Overall deficit widened mainly on higher import payments
Overseas Exchange Transactions
28 June 2017 Lower financial account receipts leads to overall balance deficit
Overseas Exchange Transactions
23 June 2017 Less air arrival visitors driving total arrivals lower
International Arrivals & Departures
23 June 2017 Low inflation rates in March 2016 drove higher rates in 2017
Inflation
23 June 2017 Annual imported food prices rose sharply over the month
Inflation
23 June 2017 Visitors’ arrivals slow after the busy Christmas period
International Arrivals & Departures
21 June 2017 Credit growth continues to reach new levels
Banking Sector Developments
21 June 2017 New Year begins with continued growth in deposits
Banking Sector Developments
21 June 2017 Strong growth in deposits and loans continue
Banking Sector Developments
21 June 2017 Lower transfer receipts lowered the overall surplus
Overseas Exchange Transactions
21 June 2017 A slight drop in private container registrations
Container Registrations
21 June 2017 Container registrations bounced back after a low month
Container Registrations
21 June 2017 Higher surplus due to large inflow of foreign aid
Overseas Exchange Transactions
21 June 2017 Lower receipts of government grants leads to overall deficit
Overseas Exchange Transactions
21 June 2017 Registrations slow, the usual January trend
Container Registrations
16 June 2017 Both marine and aquarium products declined in March
Marine Exports Volume
16 June 2017 Tuna exports drove the monthly increase in exports
Marine Exports Volume
16 June 2017 Marine exports start high in 2017
Marine Exports Volume
16 June 2017 Yam and breadfruit drove agricultural exports volume
Agricultural Exports Volume
15 June 2017 Root crops drove monthly increase
Agricultural Exports Volume
15 June 2017 Agricultural exports start the year with the usual slow growth
Agricultural Exports Volume
14 June 2017 Light Vehicles lift registrations in March
Vehicle Registrations
14 June 2017 Light and heavy vehicles drove monthly decline
Vehicle Registrations
14 June 2017 All vehicle registrations dropped over the month
Vehicle Registrations
9 June 2017 Christmas holiday drove the total arrivals & departures higher
International Arrivals & Departures
9 June 2017 Fall in arrivals and departures driven by less cruise ship arrival
International Arrivals & Departures
9 June 2017 Agricultural exports volume return to its usual trend
Agricultural Exports Volume
9 June 2017 Invertebrate exports continued to rise
Marine Exports Volume
9 June 2017 Higher demand for cars and light vehicles drove the overall peak in vehicle registrations
Vehicle Registrations
9 June 2017 Private container registrations edged higher in December
Container Registrations
8 June 2017 Monthly Economic Review for March
2 June 2017 Remittances declined driven by a drop in family support receipts
Remittances
2 June 2017 Remittance fell as Christmas and holiday festivities cease
Remittances

May  
26 May 2017 Containers record high new level for the month
Container Registrations
23 May 2017 Annual headline inflation starts high in 2017
Inflation
23 May 2017 Spending on imported food items drove inflation
Inflation
19 May 2017 Registrations declined over the month
Vehicle Registrations
9 May 2017 Remittance hits $30M for the very first time
Remittances
9 May 2017 Lower remittance as family support receipts decline
Remittances
8 May 2017 Declining is a normal trend for October
Marine Exports Volume
8 May 2017 Cruise ship increased total arrivals and departures
International Arrivals & Departures
8 May 2017 Domestic food prices helped maintain the high headline inflation rate
Inflation
8 May 2017 Declining is a normal trend for October
Marine Exports Volume
5 May 2017
Marine exports picked up after a low month
Marine Exports Volume

April  
27 April 2017 Monthly Economic Review for February
13 April 2017 The price of imported food still on the rise
Inflation
4 April 2017 Agricultural export plunges as Tongan squash season ends
Agricultural Exports Volume
4 April 2017 Higher private container registrations recorded over October
Container Registrations
4 April 2017 Demand for light vehicles and cars continue to drive rise in registrations
Vehicle Registrations
4 April 2017 Squash season drove exports volume to a new high record
Agricultural Exports Volume
3 April 2017 Lower import payments escaped the overall deficit
Overseas Exchange Transactions

March  
30 March 2017 Monthly Economic Review for January
28 March 2017 High current account payments widened overall deficit
Overseas Exchange Transactions
24 March 2017 Deposits declined while lending continues to grow strongly
Banking Sector Developments
24 March 2017 Both lending and deposits rise over October
Banking Sector Developments
24 March 2017 Deposits rise to a new record high
Banking Sector Developments

February  
14 February 2017 Rising outflow for gifts and family support abroad
Overseas Exchange Transactions
8 February 2017 Marine exports continue to fall whilst aquarium exports rise
Marine Exports Volume
8 February 2017 Decline in invertebrate exports driving lower aquarium products
Marine Exports Volume
8 February 2017 No cruise ship arrivals drive total arrivals & departures lower
International Arrivals & Departures
8 February 2017 Cruise ship arrivals driving monthly increase
International Arrivals & Departures
8 February 2017 Household loans steered strong credit growth
Banking Sector Developments
3 February 2017 Monthly Economic Review for November

January  
12 January 2017 Remittances remained high as Christmas season approaches
Remittances
12 January 2017 Moderate inflow of personal transfers in September
Remittances
9 January 2017 Private container growth rebounding
Container Registrations
9 January 2017 Pick-up in yam and taro exports
Agricultural Exports Volume
9 January 2017 Registrations lift for all categories except cars
Vehicle Registrations
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