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'Worst of the inflationary pressures are behind us,' says Jersey's chief economist - Vimarsana News

'Worst of the inflationary pressures are behind us,' says Jersey's chief economist

WE are over the worst of it, Jersey’s chief economist has said following the release of the latest inflation figures – despite the Island’s rate remaining significantly higher than in the UK and other Crown Dependencies.High housing costs conti...

Chief economic advisor: Jersey has 'opportunities other economies don't have to grow' - Vimarsana News

Chief economic advisor: Jersey has 'opportunities other economies don't have to grow'

JERSEY can take control of its economy to insulate it from poorer global economic outlooks, according to the government’s chief economic adviser Tom Holvey.Ahead of Economic Development Minister Kirsten Morel’s publication of the Future Economy P...

'We hope inflation has now peaked, is coming down and will continue to come down for the foreseeable future' - Vimarsana News

'We hope inflation has now peaked, is coming down and will continue to come down for the foreseeable future'

STRUGGLING Islanders received a long-awaited glimmer of hope yesterday after a surprise drop in UK inflation saw the Bank of England freeze interest rates for the first time in almost two years.Following 14 consecutive hikes which have added hundreds...

Inflation in Jersey likely to reduce in the wake of UK energy price drop - Vimarsana News

Inflation in Jersey likely to reduce in the wake of UK energy price drop

INFLATION in the Island is due to fall as a dramatic drop in UK energy prices starts to filter through, experts have said.The UK yesterday recorded a sharp decrease in inflation – down from a peak of 11.1% in October and 7.9% in June to 6.8% – in...

Impact of food inflation is reduced by Island's growers - Vimarsana News

Impact of food inflation is reduced by Island's growers

JERSEY remains ‘vulnerable’ to UK food inflation due to imports – but the Island’s home-grown production of fruit and vegetables has helped mitigate rises on fresh produce – according to the British Retail Consortium.The trade association a...