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Inflation remains unchanged in December

Fri, 06 Jan 2017

The Island's inflation rate remained steady in December, staying at 1%.

The Consumer Prices Index is unchanged from November, and has been positive since September last year.

Oil and other fuels saw the biggest jump in price, climbing by over a fifth compared with 12 months earlier, while potatoes, DIY materials and tea were also signifcantly more expensive.

Children's outerwear was down by over 10% though, while bacon, biscuits and cakes, and butter all fell in price.

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