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

Inflation in Guernsey slowed to 3.9% between March and June, according to latest figures from the States of Guernsey.

The rate of inflation, measured by the Retail Price Index (RPI), is 1.4% lower than the same time last year and 0.3% lower than March 2025. The States said inflation was being driven by increases in the cost of housing and tobacco.

Guernsey saw a peak in December 2022, at 8.5%.

Officials at Guernsey’s States have predicted inflation rates will remain stable in the next three months, before sharply decreasing.

Inflation is the increase in the price of something over time.

For example, if a litre of milk costs £1 but is £1.05 a year later, then annual milk inflation is 5%.