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Travel costs stand out as inflation rises to 2.1%

Government figures show consumer prices index increased 0.3% in July

Inflation on the Isle of Man increased to 2.1% last month.

The latest Government figures show the Consumer Prices Index rose 0.3% over the course of July, up from 1.8% in June.

Education, transport and culture have all seen increases over the last 12 months, with the other travel costs category jumping up by almost 25%.

Subscriptions to the internet have increased by 12.5% while postage has risen by almost a tenth.

However, the inflation report shows milk, eggs and wine have all seen small price decreases.

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