Isle Of Man / Ellan Vannin

Isle of Man inflation continues to rise

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%.

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