Consumer Prices Index Increases (CPI)
- The annual rate of inflation as measured by CPI decreased in October 2019 to 0.9% down from 1.1% in September 2019.
- Inflation as measured by the Consumer Price Index has fallen again and now stands at 0.9% for October 2019.
- The main driver for the decrease in inflation this month is Housing, water, electricity, gas and other fuels, with Oils and other fuels as the biggest driver for the decrease, having reduce by 3.6%, closely followed by rent, in the private sector, which has decreased by 3.3%.
- As well as this, there is low inflationary pressure across all of the other categories, with Recreation and Culture being the most significant. Whilst prices are continuing to increase, they are doing so at a lower rate than in September 2019, having contributed 0.2% in October 2019 compared with 0.4% in September 2019.
The figures are published monthly by the Economic Affairs Division of the Isle of Man Cabinet Office. Full details with further breakdowns are available in the downloadable document, which is updated monthly.
Provisional Release Dates for the Isle of Man Inflation Report
|Official Statistic||Release Date 2019/20|
|Inflation Report January 2019||11 February 2019|
|Inflation Report February 2019||11 March 2019|
|Inflation Report March 2019||23 April 2019|
|Inflation Report April 2019||13 May 2019|
|Inflation Report May 2019||10 June 2019|
|Inflation Report June 2019||15 July 2019|
|Inflation Report July 2019||12 August 2019|
|Inflation Report August 2019||9 September 2019|
|Inflation Report September 2019||14 October 2019|
|Inflation Report October 2019||11 November 2019|
|Inflation Report November 2019||9 December 2019|
|Inflation Report December 2019||20 January 2020|
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