Retail Price Index Rises by 2.8% in 2025
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Julia Gregory
BBC News, Channel Islands
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In 2025, Jersey’s Retail Price Index (RPI), a crucial gauge of inflation for the island, rose by 2.8%. This increase was primarily driven by higher prices in various sectors, including food, leisure, motoring, and household services. Notably, the RPI continues to decline from its peak of 12.7% in March 2023, as reported by Statistics Jersey.
Key Contributors to the Increase:
– Food Prices:
– Beef prices surged by 25.9%
– Coffee and cocoa saw a rise of 13.8%
– Butter prices escalated by 12.2%
– Leisure Services: These services, which encompass entertainment costs, sports fees, and off-island holidays, made the most significant impact on the annual inflation rate. Specific increases include:
– Travel fares rose by 5.6%
– Leisure service costs increased by 5.2%
– Motoring Costs: There was a 4.3% rise in motoring expenses.
– Household Services: Residents experienced a 3.3% increase in household service bills.
While some items in shopping baskets, such as bacon, cereals, and processed fish, became more affordable, household goods experienced a slight decline in prices in 2025. The overall RPI remained consistent between the quarter ending in September and the three months leading to December, maintaining a rate of 2.8%.
Conclusion
The retail price index’s growth signifies ongoing economic shifts and varying trends in different sectors. As Jersey continues to navigate these changes, observing how these factors influence everyday life will be vital. For further updates, follow BBC Jersey on X and Facebook or send your story ideas to channel.islands@bbc.co.uk.
For more insights, explore these related topics:
– Jersey inflation rises to 2.6%, figures show
– CI food prices ‘could differ’ due to ferry costs
Related internet link: Statistics Jersey, Inflation, Cost of Living, Travel & Leisure Industry, Motoring.