CPI stands at 4%, no change in RPI
There was a slight rise in inflation in the Island last month, according to the latest government figures.
The consumer prices index (CPI) now stands at 4% - up 0.1% from May.
Data from the Cabinet Office shows it's been a bad year if you drink tea - which has risen in price by 19.1% over the last 12 months.
However, it's not been so bad if you drink soft drinks, which have fallen in price by 4.4%.
Elsewhere, the Retail Prices Index (RPI) which measures a different basket of goods and services, remained the same month-on-month at 8.4%.
Drop in visitor numbers over winter 'does the damage' for hotels
Isle of Man 'must have enough hotel rooms' says MHK
Vehicle comes to rest in ditch near Round Table
Bumper scallop catches predicted but high fuel costs will affect profits
Comments
Add a comment