In the News

Helped by falls in energy and petrol prices, inflation on the Island continued to trend downwards
from its recent peak of 6.8% in August last year, to stand at 2.2% in July.

There were also significant falls in categories including clothing and leisure goods and services.

The annual rate of inflation excluding housing costs shown by the RPI also decreased for July to
1.5%.

The annual rate of inflation shown by the Consumer Prices Index (CPI) fell from 1.8% in June to
1.4%.