Cost of living rise rate falls to 4.2%

Cost of living rise rate falls to 4.2%

And workers who negotiated wage rises during the quarter for the year ahead can look forward to something of an unexpected bonus.Groups such as States manual workers who have seen their pay rise by 5.15 per cent will be delighted to hear that the retail prices index fell from 4.9 per cent at the end of March to 4.2.

A Transport Union spokesman said: ‘That’s marvellous.

At last we might be seeing some light at the end of the tunnel.’Although the Jersey rate is now below that of Guernsey – 4.3 per cent – for the first time in five years, it is still much higher than the UK rate of 2.9 per cent.

– Advertisement –
– Advertisement –