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Inflation

Key Points

Consumer Price Index decreases (CPI)

  • The annual rate of inflation as measured by CPI decreased to 1.6% in July 2018, down from 2.6% in June 2018
  • Inflation as measured by the Consumer Price Index stood at 1.6% for the 12 months to July 2018
  • The rate of inflation has reduced in July as a result of a number of factors which impacted during the month. The impact of the £/EUR exchange rate which has been present during much of the previous 12 months has fallen away
  • Sales and discounting within the Clothing & Footwear and Recreation & Culture categories has also impacted on the overall rate of inflation, with prices falling for many items and services in these categories
  • Whilst there continues to be upward pressure from increasing oil costs, on both petrol and oil for heating, travel costs have been causing lower upward pressure on inflation than in previous months

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 StatisticRelease Date 2018/19
January 2018  2  February 2018
February 2018 2  March 2018
March 2018 6 April 2018
April 2018 8 May 2018
May 2018 18 June 2018
June 2018 16 July 2018
July 2018 13 August 2018
August 2018 10 September 2018
September 2018 15 October 2018
October 2018 12  November 2018
November 2018 10 December 2018
December 2018 14 January 2019
Economic Affairs Division

Cabinet Office

Government Offices

Bucks Road

Douglas

IM1 3PN.

Telephone:+44 1624 685752

Email:Send Email

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