Advertisement

Inflation creeps up again

by isleofman.com 8th August 2014
Inflation rose on the Island again last month.
It stood at 1.9% at the end of July as shown by the Consumer Prices Index, up from 1.8% in June.
Using the Retail Prices Index, inflation was up 0.2% to 3.0 %
However, excluding housing costs, the annual rate of inflation shown by the RPI has again decreased, standing at 2.3% for July down from June’s figure of 2.4%.
The RPI figures also show alcohol dropped 5.8% over the last month, while personal goods and services increased 3.2%
Over the last twelve months figures show milk products have risen almost 11% and rents have gone up almost 20% as shown by the CPI index. There was better news for consumers on the food front with eggs down just under 18% and potatoes down almost 30%
Posted by isleofman.com
Friday 8th, August 2014 11:44pm.

Popular Articles

Upcoming Events

Bridge Club

Monday is Bridge Day at the Onchan Pensioner's Social Club   We have two bridge clubs that meet on a weekly...
21 Apr

Nobles Parkrun

A free, fun, and friendly weekly 5k community event in Nobles Park.  Walk, jog, run, volunteer or spectate...
26 Apr
View More
Advertisement

You also might be interested in

Stephen Savage joins Quinn Legal’s Corporate and Commercial legal team.

Business

When the clocks sprung forward we lost another precious hour of sleep

Health & Wellness

The GFoGE guide to obstacle races & why should you do one.

Sports & Leisure

Why not take a "Wallaby" walk in the Curragh?

Nature & Wildlife

Hop-tu-Naa is an ancient festival celebrated on the Isle of Man

Visitor Guide

The Isle of Man hosts many traditional ceremonies throughout the year

Visitor Guide