Latest News Headlines
On-Air Now
Listen Live
Facebook

Inflation reaches highest level since May 2012

Fri, 07 Apr 2017


The Island's rate of inflation is at its highest level in nearly five years.

In March the Consumer Prices Index climbed from 1.9% to 2.2% - the highest figure since May 2012.

The Treasury says the jump is due to a number of external changes having an impact on the Island.

Oil and other fuels are over 40% more expensive than at this time last year, but the cost of sea travel, air travel and household consumables have all fallen.

Bookmark and Share

 

 

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