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Inflation falls over August

Inflation on Island has again fallen slightly as it stood at 5.4% for August.

That's a drop of 0.4% from the previous month.

According to Statistics Isle of Man 'Food and non-alcoholic beverages' was the biggest contributor to the rate of inflation with a rise of 14%.

This is followed by 'Restaurants and hotels' which had risen 13.4% compared to 12 months ago.

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