RPI report March 2011
Produced by the
Statistics Jersey (Strategic Policy, Planning and Performance)
Authored by
Statistics Unit
and published on
20 Apr 2011
Prepared internally, no external cost
Summary
The 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. This report covers the Retail Prices Index for March 2011 and shows that:
- during the twelve months to March 2011 the All-Items Retail Prices Index (RPI) for Jersey increased by 3.1% to stand at 146.1 (June 2000 = 100)
- the change in the RPI during the twelve months to December 2010 was 2.3%, implying that the annual rate of inflation rose by 0.8 percentage points in the latest quarter
- RPI(X) and RPI(Y) increased by 2.9% and 3.1%, respectively, over the twelve months to March 2011
- both measures of underlying inflation, the annual changes in RPI(X) and RPI(Y), were higher in March 2011 than in December 2010, by 0.8 and 0.9 pp, respectively
- on a quarterly basis, the latest quarter saw the greatest increase in underlying inflation for eight years, discounting the effect of the introduction of GST in May 2008
- the annual increases of both RPI Pensioners and RPI Low Income over the twelve months to March 2011 were 3.2%. The annual rates of increase of these indices increased by 1.1 and 1.0 percentage points, respectively, in the latest quarter
Download RPI report for March 2011 (size 201kb)
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