Jersey Inflation rate increases

There has been an increase in the amount prices rise in Jersey, according to the government.
Latest figures from the States of Jersey put inflation at 6.4% - a rise of 0.8% since the last set of figures for June.
Statisticians said the figures show the introduction of a Goods and Services Tax (GST) contributed a 1.9% increase to inflation.
The 3% GST was introduced on most goods and services in the island in May. (from BBC news)

That inflation rate is the highest it has been in Jerseyfor 16 years. I bet a few recently re-elected senators are relieved that news didn't come out a week earlier.

I wonder what the people standing for deputy will say they could do to improve it?

That's a good question - it was asked at one of the recent senatorial hustings too. My answer was that while we are a dependent island importing fuel, food, building materials and the like there is nothing we can do realistically -any candidate who thinks otherwise is deluding themselves. Some did seem to think otherwise!

It all relates to our dependency on oil. Prices have slipped recently, but supply is about to fall below demand again.