On Air Now Non Stop Lunch 1:00pm - 2:00pm Email
Now Playing Whatever Kygo / Ava Max Download

Inflation rate falls

The Isle of Man's inflation rate fell by nearly 50 per cent in May.

The consumer prices index dropped by 1.8 per cent last month, from 4.0 to 2.2 per cent. 

It's the lowest rate of increase since March last year. 

Over the last twelve months, the data shows household equipment was the biggest riser - up 20.2 per cent.

Meanwhile, the price of fruit on the Island has fallen 11 per cent over the same period.
 

More from Isle of Man Business


Recently Played

Listen Live Listen