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Inflation stays level

The government says inflation was stable on the Island last month.

In its latest data, the Economic Affairs Division of the Cabinet Office says the Consumer Prices Index - which doesn't include mortgage interest payments, or estate agents fees - stayed level at 1 per cent.

Over the course of December, there were modest falls in the prices of in clothing, footwear and transport costs.

Meanwhile, housing and health costs saw slight rises.

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