THE Island’s latest inflation figures have been published by Statistics Jersey.
During the 12 months to this June, the Retail Prices Index for Jersey increased by 5% – down from the rate of 5.7% documented in the previous quarter.
While the figures mean that costs are still rising, the data marks a continued decline in Jersey’s annual rate of inflation so far this year – from the figure of 7.5% reported in January.
A slower increase in housing costs made the most notable contribution to the overall drop, but price increases for most groups were also similar to or less than those seen over the 12 months to March.
More in tomorrow’s JEP.
