IoM inflation shoots up

The cost of living on the Isle of Man continues to rise.

The island's rate of inflation reached 6.0% in December last year, jumping from 4.6% in November.

The main drivers are rising fuel costs, which have gone up almost 63% while air travel has gone up more than 50%.

A government report said driving lessons have also become more expensive, with an increase of nearly 17% in the past year. 

The rate of inflation in the UK currently stands at 5.1%.

The latest government report can be accessed here.