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Small inflation rise in January

Inflation on Island increased slightly in January.

It rose from 2.5 per cent in December 2018 to 2.6 per cent for last month.

According to the government, transport costs continue to be the main driver, whilst petrol and diesel prices have seen a slight decline.

The cost of leisure activities and education also rose compared with twelve months ago, however food and non-alcoholic beverages remain lower.

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