CPI rises for fifth month running
Inflation on the Island has continued to edge upwards.
The annual Consumer Prices Index (CPI) rose to 4.2% in September, up 0.1% on August, driven in the main, by rising prices.
Oil and other fuels rose by more than 20%, in line with global Brent oil, hitting not only prices at the petrol pumps but also heating oil.
That drove up the cost of air travel, a sector very sensitive to fuel price increases.
The departure of airline Monarch is likely to have an effect on travel over the next few months, as the need to keep prices rock bottom eases slightly for other low cost carriers.
Multivitamin tablets, contact lens solution and coffee all cost more than 12 months ago, while there were decreases in the price of women's and children's outerwear, cheese and internet subscriptions.
The Retail Prices Index (RPI) inflation measure remained static in September at 7.6%.
Both RPI and CPI track inflation, by measuring different 'baskets' of goods, looking at what they cost last year, what they cost now, and finding the proportional difference.
But the CPI leaves out the cost of rises in mortgage payments and rents, while the RPI takes account of those costs.
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