Inflation falls to 2.3% in Jersey

New figures show although prices in Jersey have continued to rise, the annual rate of inflation has decreased since the end of last year.

The latest inflation figures from Statistics Jersey show prices rose by 2.3% in the last quarter, less than the 2.5% rise at the end of last year meaning inflation has decreased by 0.2 percentage points (pp).

The data showed prices in most groups had increased similarly to or less than those during 2024.

Leisure services was the price group that made the largest contribution to the annual rate of inflation, contributing 0.6pp to the rate, Statistics Jersey said.