Inflation

Key Points

Consumer Prices Index Increases (CPI)

The annual rate of inflation as measured by CPI held at 1.8% in June 2019. 

• Inflation as measured by the Consumer Price Index remained at 1.8% for June 2019.
• The most significant contributors to the rate of inflation are Transport and Education whereby each of them account for a 0.4 percentage points of the overall rate. Within Transport, the highest increase is due to Air Travel which increased by 6% followed by Other Travel costs which  increased by 4.4%. Within Education, the highest increase is due to Preschool fees which has increased by 4.4% while Private Education fees has increased by 3.5%.
• Prices of all categories other than Housing, water, electricity, gas and other fuels and Miscellaneous goods and services are increasing. Both Housing and Miscellaneous goods, each lead to a 0.1% reduction in overall rate. Within the Housing costs, the highest decrease is due to a 3% reduction in the prices for Oil and other fuels.  

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