Isle of Man News - POSTED Wed 04-07-2012

Isle of Man cost of living fell in June

by Economic Affairs Division

The Island’s cost of living fell in June, with the annual rate of inflation as measured by the Retail Prices Index (RPI) decreasing from 2.9% in May to 2.5%.

The annual rate of inflation excluding housing costs shown by the RPI also decreased for June to 2.0%.

The annual rate of inflation shown by the Consumer Prices Index (CPI) is 1.8% for June 2012, the lowest rate since October 2009.

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