March 2025 Retail Prices Index published

25 April 2025

Statistics Jersey have today published the March 2025 Retail Prices Index report.

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 report shows:

the All Items Retail Prices Index (RPI) for Jersey increased by 2.3% to stand at 237.1 (June 2000 = 100)
the increase in the RPI was less than that to December 2024 (2.5%); hence the annual rate of inflation decreased by 0.2 percentage points (pp) since last quarter
five groups contributed to the decrease in the annual rate of inflation, including the housing, tobacco and household services groups
prices in most groups increased and these increases were similar to or less than those over the 12 months to December 2024, which resulted in an overall downward contribution to the annual rate of inflation
leisure services which includes entertainment, sport and leisure fees and off-Island holidays, was the price group that made the largest contribution to the annual rate of inflation, contributing +0.6 pp to the rate
the increase in the RPI was 3.4 pp smaller than a year ago (5.7% in March 2024)
RPI(Y), which measures underlying inflation, increased by 3.4%, which was 0.4 pp higher than the December 2024 rate (up from 3.0%)
RPI(X) increased by 3.4%
RPI Pensioners increased by 3.3%
RPI Low Income increased by 3.4%
annual changes in RPI(X), RPI(Y) and RPI Pensioners were 0.2 to 0.4 pp higher than those in December 2024 and RPI Low Income was essentially unchanged from December 2024
the rate of inflation in Jersey as measured by the RPI, was 1.1 pp lower than the UK CPIH, which is the broadly comparable headline rate of inflation for the UK;

Jersey Retail Prices Index March 2025