The rate of inflation in Jersey now stands at 2.8% – up from the previous quarter’s 2.6%.
This means that prices rose faster in the 12 months to September than they did in the 12 months to June.
This time last year, the inflation rate, officially called the retail price index, was 3%.
The 0.2 percentage-point increase between June and last month was mainly driven by price rises in motoring, leisure services, alcoholic drinks and food.
Motoring (which includes vehicles, fuel and insurance) and leisure services (which includes entertainment, sport and leisure fees, and off-island holidays) each contributed +0.5 pp to the rate.
Food costs increased by 3.6%, contributing +0.4 pp to the overall rate of inflation.
Housing costs fell over the 12 months to September, but by less than over the year to June, resulting in an upward contribution of +0.2 pp to the change in the annual rate of increase.
Jersey’s headline inflation rate was 1.3 pp lower than the UK’s comparable measure.
The latest RPI figures – produced by Statistics Jersey – also separate inflation figures for different items Islanders spend their money on.
The cost of tobacco is rising faster than anything else in Jersey at 8.6%. Next is leisure services at 5.7%, followed by motoring (5.4%), fares and other travel (5.4%), alcoholic drinks (4.9%), personal goods and services (4.6%), catering (4.3%) and food (3.6%).
RPI(X) which excludes mortgage interest payments, and the RPI for low-income households both increased by 4%. The RPI for pensioners rose by 4.1%.
