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Inflation rate rises slightly

Fri, 10 Apr 2015

The Isle of Man's rate of inflation rose by half a per cent in March - now standing at -0.5 per cent.

Last month the annual rate of inflation measured by the Retail Prices Index stood at 1.9 per cent - up from 1.4 per cent last month.

It's predicted to be due to slight increases in the prices of heating oil and motor fuels - with prices significantly lower than a year ago.

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