Jersey's Inflation Rate Sees Slight Rise in June 2025

Jersey's annual inflation rate, as measured by the All Items Retail Prices Index (RPI), saw a slight increase to 2.6% in the 12 months leading up to June 2025. This marks an uptick from the 2.3% recorded in March 2025, according to the latest figures released by Statistics Jersey.

The RPI now stands at 239.0 (June 2000 = 100). This quarter's rise of 0.3 percentage points was primarily driven by upward contributions from several key sectors, most notably leisure services, food, and household services. Leisure services, encompassing entertainment, sports, and off-Island holidays, emerged as the single largest contributor, adding 0.6 percentage points to the overall annual inflation rate.

While many sectors saw price increases, the housing group provided a slight mitigating factor, with prices decreasing more significantly over the 12 months to June 2025 compared to the previous quarter.

Despite this recent rise, the current RPI increase of 2.6% is notably lower than a year ago, when it stood at 5.0% in June 2024, representing a 2.4 percentage point decrease over the year.

Underlying inflation measures also showed increases. RPI(Y), which tracks underlying inflation, rose to 4.0%, up 0.6 percentage points from 3.4% in March 2025. Similarly, RPI(X) increased by 4.0%. Specific indices for pensioners and low-income households also saw rises, with RPI Pensioners increasing by 3.8% and RPI Low Income by 3.9%. All these underlying rates were between 0.5 to 0.6 percentage points higher than their March 2025 counterparts.

Compared to the UK, Jersey's RPI inflation rate remains lower. The island's 2.6% RPI was 1.5 percentage points below the UK's broadly comparable headline rate of inflation, the CPIH.

The full, detailed report from Statistics Jersey is available for review here: R-Retail-Prices-Index-June-2025-SJ20250723.pdf