21 October 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 September 2016 report shows:
- during the twelve months to September 2016 the All Items Retail Prices Index (RPI) for Jersey
increased by 2.0% to stand at 162.7 (June 2000 = 100) - the Household services and Housing groups were the largest contributors to the overall annual increase in the RPI, with increased prices seen across both groups
- the increase in the RPI over the twelve months to June 2016 was 1.5%; hence, the annual rate of inflation increased by 0.5 percentage points (pp) in the latest quarter. The key contributors to this increase in the annual rate of inflation were the Motoring and Fuel & light groups, with annual changes in the prices of motor fuels and domestic heating oil being the principal drivers
- RPI(X) increased by 2.0% over the twelve months to September 2016 and underlying inflation, as measured by RPI(Y), increased by 1.9% over the same period
- RPI Pensioners and RPI Low Income both increased by 1.7% over the twelve months to
September 2016 - in the latest quarter, all indices recorded greater rates of increase than seen in the previous few years:
- RPI recorded the highest annual rate of increase since December 2012
- RPI(Y) recorded the highest annual rate of increase since December 2013
- RPI(X), RPI Pensioners and RPI Low Income each recorded the highest annual rates of increase since September 2014
Download September 2016 Retail Prices Index report (size 487kb)
gov.je