​To ensure that the Retail Prices Index (RPI) reflects up-to-date consumer spending patterns, the items and weights used to compile the index are updated periodically. Ordinarily this happens approximately every five years using data from the Jersey Living Costs and Household Income Survey (LCHIS). 

The last update of Jersey’s RPI basket took place in 2017 following the 2014/2015 LCHIS. The subsequent LCHIS commenced in 2019 but was cut short due to Covid-19 and no expenditure analysis was possible. A new round of the survey commenced in October 2021 and ran until November 2022. The results of this survey have formed the basis for the latest update. 

This report outlines the review process, explaining how items are selected for the RPI shopping basket. It also presents the updated group-level RPI weights and summarises which items have been added or removed from the basket.