Guernsey’s inflation rate slows to 3.9%, States figures show

Inflation in Guernsey slowed to three.9% between March and June, in keeping with newest figures from the States of Guernsey.The speed of inflation, measured by the Retail Worth Index (RPI), is 1.4% decrease than the identical time final yr and 0.3% decrease than March 2025. The States stated inflation was being pushed by will increase in the price of housing and tobacco. Guernsey noticed a peak in December 2022, at 8.5%.Officers at Guernsey’s States have predicted inflation charges will stay steady within the subsequent three months, earlier than sharply reducing. Inflation is the rise within the value of one thing over time.For instance, if a litre of milk prices £1 however is £1.05 a yr later, then annual milk inflation is 5%.