A new anti-inflation strategy for Jersey

This new anti-inflation strategy is designed to update the current States anti-inflation strategy which is now seven years old. The approach taken is to examine the nature, causes and costs of inflation in Jersey and develop a strategy that will address the fundamental issues for a small island economy like ours.

The conclusion is very much that there are no quick wins or easy options in controlling inflation and that many of the key ingredients for an anti-inflation strategy are already in place. The new strategy is about building on current policies and strengthening them rather than introducing new initiatives. There is a window of opportunity for the Island created by favourable global inflation trends and the success the Island has had in reducing inflation in recent years. This strategy aims to seize that opportunity and attempt to lock Jersey into low inflation.

A New Anti-Inflation Strategy for Jersey

Document Type: Adobe PDF
Size: 296Kb
Date: February 2008



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