Oil pushes prices up, says govt
Inflation in the Isle of Man is at its highest rate for more than five years.
It breached two per cent last month, according to the Consumer Prices Index, standing at 2.2%.
That was up 0.3% on the previous month.
Inflation as measured by the Retail Prices Index has risen by 1.3% to 7.9%.
The government says external factors have once again been the main influence, with oil being one-third more expensive than it was the same time last year ($52 a barrel compared to $39 a barrel).
Minister rules out follow-up checks on education grants
Garff by-election: Candidate standing wants to give back to the community
Klaus Krumpl receives 'everlasting Manx welcome' at Gruseleck CornerĀ
Manx BirdLife launches outdoor education programme
Comments
Add a comment