Summary
Inflation in Jersey has increased to 2.6% between June and September, mainly due to higher costs of food, driving, and leisure. The Retail Prices Index report by Statistics Jersey showed a 2.8% price rise over the year up to September. This data helps the government and businesses in decision-making regarding pensions, benefits, and future expenses.
Key Facts
- Jersey's inflation rate rose to 2.6% from June to September.
- Over the past year, prices in Jersey increased by 2.8%.
- The main reasons for inflation include rising costs of food, driving, and leisure activities.
- Leisure activities include entertainment, sports, and off-island holidays.
- Tobacco was the most affected spending group by inflation, with leisure services and motoring also significantly impacted.
- The government will use this inflation data to help make decisions on pensions and benefits.
- Businesses use inflation figures for planning future costs and expenses.
