RPI report September 2015
Produced by the
Statistics Jersey (Strategic Policy, Planning and Performance)
Authored by
Statistics Unit
and published on
23 Oct 2015
Prepared internally, no external cost
Summary
The All Items Retail Prices Index (RPI) is the main measure of inflation in Jersey. It measures the change from quarter to quarter in the price of the goods and services purchased by an average household in Jersey.
The September 2015 report shows:
- during the twelve months to September 2015, the All Items Retail Prices Index (RPI) for Jersey increased by 0.1% to stand at 159.5 (June 2000 = 100)
- the increase in the RPI over the twelve months to June 2015 was 0.9%, hence, the annual rate of inflation decreased by 0.8 percentage points in the latest quarter
- this latest decrease in the annual rate of inflation was the result of most groups of the RPI giving small downward contributions to the annual rate of change
- RPI(X) increased by 0.1% over the twelve months to September 2015, representing the lowest annual rate of increase of this index since it was introduced in 2000
- underlying inflation, as measured by RPI(Y), was 0.0% over the twelve months to September 2015, the lowest annual rate of change for this index since it was introduced in 2007
- the increase of RPI Low Income over the twelve months to September 2015 was 0.0%
- the change in RPI Pensioners over the twelve months to September 2015 was -0.6%, implying that retail prices for pensioner households were lower, on average, compared to a year earlier
Download September 2015 Retail Prices Index report (size 431kb)