Fluctuations over for now - Thomas
A government minister says he expects inflation in the Isle of Man to remain at a similar level in the short term.
Official figures put the Consumer Prices Index (CPI) at 4.6% in July - up 0.6% from June.
That's in stark contrast to the picture twelve months ago, when the economy was in a period of deflation.
The CPI rate in July 2016 was -0.3%.
Policy and Reform head Chris Thomas says the effects of Brexit, and increased transport costs, are major factors in last month's rise.

Mountain closure further extended
Chief minister proposes issuing new MiCards to those who can't open bank accounts
Timeline for new CRHS 'a bit tight', says education minister
More details about MiCard replacement could be revealed today
New scheme hopes to help autistic adults on the IOM find their place in society
Comments
Add a comment