during the twelve months to June 2019 the All Items Retail Prices Index (RPI) for Jersey increased by 2.8% to stand at 178.4 (June 2000 = 100)

almost all groups saw prices increase, on average, on an annual basis

the Housing, Household services and Leisure services groups were the largest contributors to the overall annual increase in the RPI

key drivers in the Housing group were the increased cost of house purchase due to higher mortgage interest payments and increased rental costs

the increase in the RPI over the twelve months to March 2019 was 3.6%; hence, the annual rate of inflation fell by 0.8 percentage points (pp) in the latest quarter

this fall in the annual rate of inflation was due to several groups seeing lower rates of price increase over the twelve months to June 2019 than over the twelve months to March 2019, notably Household services and Motoring 

underlying inflation, as measured by the annual change in RPI(Y), increased by 2.4% over the twelve months to June 2019 

over the twelve months to June 2019:

the latest annual rates of increase of all consumer price indices were lower than in March 2019

the headline rate of inflation, as measured by the annual change in the RPI, was the lowest for two years, since June 2017

the rate of inflation in Jersey over the twelve months to June 2019 was 0.5 pp greater than that of the comparable measure for the UK; this represents the smallest difference between the rates of inflation in the two jurisdictions for 18 months