Isle of Man inflation continues to rise
- 5 April 2013
- From the section Isle Of Man / Ellan Vannin
The rate of inflation in the Isle of Man has continued to rise for the third consecutive month, the government said.
Statistics for 2013 show a continuous rise from 2.5% in January to 2.8% in February and 3.3% in March.
During the past year, food prices have risen by 4.9%, tobacco and cigarettes by 11.8% while fuel and electric prices have fallen by 1.8%.
Other price increases over the past 12 months include rented accommodation (7.6%) and air travel (15.1%).
The current rate of inflation is the highest since February 2012 when it stood at 3.9%.