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Inflation fell slightly last month

Tue, 06 Oct 2020


The inflation rate on the Island decreased slightly last month.

Government figures show the rate of inflation fell by 1.4% in September to stand at 1.3%.

Transport was the biggest contributor while there were price drops in clothing, footwear and tea.

The price of pork, lamb and driving lessons saw costs increase.

A summary and the full report are available at www.gov.im/about-the-government/departments/cabinet-office/economic-affairs-division/inflation/ 

 

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