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Inflation falls during July

The overall rate of inflation on the Isle of Man has fallen.

That is according to the latest data from the Manx government.

Figures show a drop of 1.3%, from 3.6% in June to 2.3% in July.

The cost of petrol and diesel has risen by about 14% while clothing and footwear prices have dropped.

The cost of household bills and rent have also increased.

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