Rising motoring and leisure costs push up inflation to 2.8%

Rising motoring and leisure costs push up inflation to 2.8%

THE rate of inflation in Jersey now stands at 2.8% – up from the previous quarter’s 2.6% – with price rises driven by increasing motoring and leisure costs. The 0.2 percentage-point increase between June and last month means that prices rose faster in the 12 months to September than they did in the 12 months to June. This time last year, the inflation rate, officially called the retail price index, was 3%. Motoring – which includes vehicles, fue…