Jersey's inflation rate drops to 5.7%

2313238309 (37933921)

JERSEY’S rate of inflation has fallen to 5.7%.

The figure represents an annual decrease of 1.8%, but it is 1.9% higher than the current rate of inflation in the UK.

Statistics Jersey (37933878)

In Jersey, food prices have increased by 3.7% over the last year, while housing costs have risen by 11%, leisure goods by 5.5% and alcoholic drinks by 5.4%.

Statistics Jersey (37933876)

Inflation in Jersey peaked at a record high in 2022.

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