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Inflation went up on the Isle of Man last month

Tue, 13 Nov 2018


The Consumer Prices Index rose to 3.5% last month, from 2.4% at the end of September.

The cabinet office says the rising price of oil has been a significant driver of inflation, with it's price being 23% higher than 12 months ago.

Items such as clothing and footwear all saw slight reductions.

The figure as measured by the RPI stands at 5.2%.


 

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