The last time inflation in Guernsey was this low was in the autumn of 2021.
The rate at which prices are rising in Guernsey for the second quarter of 2025 is 3.9% which is a fall of 0.3% over the quarter.
This is the RPI figure.
RPIX, which discounts mortgages, is 3.7%.
This means that island inflation, although stubborn to fall, is now far closer to the levels seen in the UK and Jersey.
They are 3.6% and 2.3% respectively.
Once again, the costs associated with housing are the big drivers, like mortgages, rent and home insurance.
Other costs that are keeping RPI high include tobacco and household services, which include things like cleaners and broadband.
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