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Island inflation rises during July

The Islands inflation rate rose during July, according to the latest government report.

The rate stood at 0.1% per cent last month, compared with -0.3% in June.

Recreation and culture were the biggest contributors to the increase causing a 0.7 per cent rise compared with 2019 with internet subscriptions going up by 13.7% and pet care by 8.8%.

Meanwhile, there were decreases for oil and other fuels, petrol and oil and tea.

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