Statistics Jersey has published the latest Retail Prices Index (RPI) report, revealing that the All Items RPI rose by 2.6% in the 12 months to June 2025. This marks a slight increase from the 2.3% recorded in the year to March 2025.
The rise in the annual rate of inflation was driven by upward contributions from several sectors, most notably leisure services—including entertainment, sport, and off-Island holidays—which alone contributed +0.6 percentage points (pp) to the overall rate. Food and household services also played a role in the increase.
In contrast, the housing group saw a larger price decrease compared to the previous period, slightly offsetting the overall rise in inflation.
Despite the recent uptick, the current rate is 2.4 pp lower than the 5.0% recorded in June 2024.
Other key measures of inflation also saw increases:
- RPI(Y) (excluding mortgage interest payments and indirect taxes) rose by 4.0%, up from 3.4% in March.
- RPI(X) (excluding mortgage interest payments) also increased by 4.0%.
- RPI Pensioners rose by 3.8%, and RPI Low Income by 3.9%.
These underlying inflation measures were between 0.5 and 0.6 pp higher than their March 2025 levels.
Jersey’s headline inflation rate remains 1.5 pp below the UK’s CPIH, the broadly comparable measure of inflation for the UK.