Inflation rises once again

The Isle of Man's rate of inflation has risen marking the sixth month of positive inflation.

As measured by the Consumer Prices Index it now stands at 1.9 per cent.

That's up from 1.6 per cent in January. 

Statistics released by the government show it's been caused by the impact of Brexit on the sterling exchange rate and the rising cost of oil per barrel. 

Things like tea, multivitamins and contact lens solution have all shown large increases in price - general recreational activities are also more expensive than they were 12 months ago. 

There were decreases in the cost of items including household consumables, bacon and women's outerwear.