Skip to main content Skip to accessibility
This website is not compatible with your web browser. You should install a newer browser. If you live in Jersey and need help upgrading call the States of Jersey web team on 440099.
Government of Jerseygov.je

Information and public services for the Island of Jersey

L'înformâtion et les sèrvices publyis pouor I'Île dé Jèrri

December 2024 Retail Prices Index published

29 January 2025

​​​Statistics Jersey have today published the December 2024 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. 

For this report, the RPI basket of goods and services has been updated using the results of the 2021/2022 Living Costs and Household Income Survey. The items and weights used to compile the index are updated periodically to ensure that the RPI basket reflects up-to-date consumer spending patterns. The details of this change have also been published today in the updating the RPI basket of goods and services report​.

​The December report shows:​
  • the All Items Retail Prices Index (RPI) for Jersey increased by 2.5% to stand at 233.8 (June 2000 = 100)
  • the increase in the RPI was less than that to September 2024 (3.0%); hence the annual rate of inflation decreased by 0.5 percentage points (pp) since last quarter
  • half of the groups contributed to the decrease in the annual rate of inflation, including the housing, fuel and light and fares and other travel groups
  • prices in most groups increased and these increases were similar to or less than those over the 12 months to September 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 price change in the leisure services price group was lower compared with the 12 months to September 2024, hence its contribution to the change in rate of the RPI was  0.1 pp
  • the increase in the RPI was 5.0 pp smaller than a year ago (7.5% in December 2023)
  • RPI(Y), which measures underlying inflation, increased by 3.0%, which was 0.3 pp smaller than the September 2024 rate (down from 3.3%)
  • RPI(X) increased by 3.2%
  • RPI Pensioners increased by 3.0%
  • RPI Low Income increased by 3.4%
  • annual changes in RPI(X), RPI(Y) and RPI Pensioners were 0.3 to 0.6 pp smaller than those in September 2024 and RPI Low Income was essentially unchanged from September 2024
  • the rate of inflation in Jersey as measured by the RPI, was 1.0 pp lower than the UK CPIH, which is the broadly comparable headline rate of inflation for the UK; this marks the first time since June 2022 that the Jersey RPI rate has been lower than the UK CPIH 
Our sites
Back to top
rating button