Latest News Headlines
On-Air Now

Now Playing

Listen Live

October inflation down to 0.9%

Fri, 15 Nov 2019

The latest inflation figures for October show inflation decreased on the Island from 1.1% to 0.9%.

The IOM Cabinet Office data shows the main drivers for the decrease were housing, water, electricity, gas and other fuels, with oils and other fuels reduced by 3.6%.

Rent in the private sector decreased by 3.3%, with a low inflationary pressure across all of the other categories, with Recreation and Culture being the most significant.

Whilst prices are continuing to increase, they are doing so at a lower rate than in September, having contributed 0.2% in October compared with 0.4% in September.


Subscribe to get Energy FM News direct to your mobile device

You can get Energy FM News delivered direct to your mobile device using one of the following methods.

  • In the Apple News App on iOS search for Energy FM IOM and then just add it to your favourites
  • In the Google News & Weather App just search for Energy FM and then add us as a customised section
  • If you use an RSS Reader then just add our feed to your app, click here for our news RSS feed