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Cost Of Living On IOM Increases By More Than 5% Over Last Year

The Island's treasury minister is disappointed at the latest inflation figures.

The cost of living on the Isle of Man rose by more than five per cent in 2010.

The annual rate of inflation as measured by the Retail Price Index was 5.5% at the end of the year, having increased slightly from 5.4% in November.

The items where inflation was greatest over 2010 were clothing and motoring at.

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