Inflation falls to 2.2%
Mon, 18 Jun 2018
Inflation on the Isle of Man fell by almost 50% last month.
According to the latest Government figures, the Consumer Prices Index dropped to 2.2% in May, down from 4% in April.
The inflation report says housing, water and electricity were among the biggest contributors to the inflation rate.
Household equipment and kennel fees are both up by a fifth compared with last year, but fruit, air travel and pork have all dropped in price.
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