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Inflation rate unchanged in March

Fri, 06 Apr 2018

The inflation rate on the Isle of Man didn't change last month.

Figures released by the Cabinet Office show the Consumer Prices Index remained at 4.4% in March.

The Government says the cost of transport, particularly air travel, is the most significant contributor to the inflation rate.

The cost of flights is 32.9% higher than at the same time last year, while sea travel, telephones and household equipment have also seen significant price rises.

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