Island inflation rate rises to 3%, figures show
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Alcohol and food drove the biggest increase in the inflation rate, statisticians said The annual rate of inflation in Jersey rose to 3% in September, according to new figures.
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Jersey's retail price index (RPI) rose 0.2 percentage points since June when it was 2.8%.
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Statistics Jersey said increases in the cost of household services, alcoholic drinks and food made the most notable contributions to annual rate of inflation.
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It said there were also "substantial increases" in the price of some fuels, with heating oil and other fuels increasing by 47.7% across the year, while petrol and oil increased by 22.7%.
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It said food prices increased by 3.5% and housing costs by 0.2%. Statistics Jersey said this quarter the island's headline inflation rate was 0.6 percentage points lower than the UK's CPIH, a measure of inflation that includes housing costs, which stood at 3.6%.
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It said housing costs made the largest contribution to the RPI - this group includes public and private rentals, as well as mortgage interest payments, parish rates and maintenance and repair costs.
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Statisticians said global energy markets remained affected by conflict in the Middle East.
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Follow BBC Jersey on X, external, Facebook, external and Instagram, external.
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Send your story ideas to channel.islands@bbc.co.uk, external. Island's inflation rate is 2.7%, new figures show Jersey earnings rise by 1.2% after inflation New figures show costs rising for pensioners
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