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Inflation rate drops again

The annual rate of inflation on the Isle of Man has continued to drop.

Last month’s rate, as measured by the Retail Prices Index, was 2.1 per cent – down 0.1 per cent from July.

The annual rate of inflation, excluding housing costs, also decreased from 1.5 per cent to 1.4 per cent.

And the rate of inflation, as shown by the Consumer Prices Index, was also down at 1.3 per cent.

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