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Inflation back up to double digits

The Island's inflation rate is back into double digits.

According to the latest Consumer Prices Index report - as of October, it stood at 10.1 per cent.

That's up from 9.8 per cent the previous month - with housing, water, electricity and gas continuing to be the biggest contributor with an increase of 31.6%.

The price of food, drink, clothing and transport have all also increased.

A summary and the full report are available here.

 

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