Inflation

Key Points

Consumer Prices Index Increases (CPI)

The annual rate of inflation as measured by CPI increased in August 2019 to 2.5%, up from 2.1% in July 2019.

• Inflation as measured by the Consumer Price Index has risen in August 2019 to 2.5%
• The most significant contributors to the rate of inflation for August 2019 are Recreation & culture, Transport and Education contributing 0.7, 0.4 and 0.4 points respectively to the overall 12 month rate
• Within Recreation & Culture, Subscription to the internet was the largest contributor to the overall rate of inflation which contributed a 12.5% increase in the rate of inflation
• In Transport, the largest contributors to the overall rate of inflation were Other travel costs (10.6%) and Air travel (5.8%)
• Within Education, both Preschool and Private education fees have increased by 4.4% and 3.5% respectively compared to last year

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