15 April 2016
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 March 2016 report shows:
- during the twelve months to March 2016 the All Items Retail Prices Index (RPI) for Jersey increased by 1.4% to stand at 161.2 (June 2000 = 100)
- the increase in the RPI over the twelve months to December 2015 was 0.9%; hence, the annual rate of inflation increased by 0.5 percentage points (pp) in the latest quarter
- this latest increase in the annual rate of inflation was the result of several groups of the RPI giving small upward contributions to the annual rate of change
- RPI(X) increased by 1.5% and underlying inflation, as measured by RPI(Y) , increased by 1.5% over the twelve months to March 2016
- the annual rates of increase of RPI Pensioners and RPI Low Income over the twelve months to March 2016 were 1.3% and 1.6%, respectively
- in March 2016 all indices recorded their greatest annual rates of increase for 18 months, since September 2014
- increased impôts duties in January 2016 accounted for 0.1 pp of the latest annual rate of inflation and for 0.0 pp of the increase in the annual rate of inflation
Download March 2016 Retail Prices Index report (size 526kb)
gov.je