10 September 2014
The Price Comparison Report examines the rate at which prices have changed by looking at the behaviour of the groups and sections that constitute the Retail Prices Index in each jurisdiction. Additionally, direct comparisons of prices are made where possible in order to give an indication of relative price levels.
The latest report shows that in June 2014:
- over the nine-year period from 2005 to 2014 the overall increase of the RPI in Jersey (29%) has been similar to that in Guernsey (29%) and to that of RPIJ in the UK (27%)
- during the twelve months to June 2014 the RPI increased by 1.6% in Jersey and by 2.6% in Guernsey; over the same period RPIJ increased by 2.0% the UK
- direct food price comparisons show that fresh fruit was about a third more expensive in Jersey than in the UK, fresh vegetables were about two-fifths more expensive in Jersey than in the UK, meat was, on average, a sixth more expensive in Jersey than in the UK
- the mean retail price of alcohol was higher in Jersey than in the UK: by around 50p for a pint of beer or lager; and by 29p for a nip of whisky
- the mean retail price of cigarettes was lower in Jersey than in the UK, by 111p for a packet of 20 cigarettes
- the mean retail price of unleaded petrol and diesel was lower in Jersey than in the UK, by 7p and 12p per litre, respectively
- the pre-tax prices of alcohol, tobacco and motor fuels were higher in Jersey than in the UK in June 2014
Download Price Comparison Report for June 2014 (size 840kb)