Energy cost hikes offer IOM opportunity
Rising producer prices in the Eurozone spells opportunity for Manx suppliers trading into EU markets - but there's a gloomy fuel forecast ahead.
That outlook from the Manx government's Executive Director of Policy and Strategy Carl Hawker.
Information shared by the EU Statistics Office and analysed by Reuters, shows a mixed environment driven by the rising energy costs in Europe.
Producers there are paying more for fuel, driving up prices - a problem that will be faced by manufacturers here in the future, but for now, it means exporting is cheaper.
Carl Hawker explained export economics to Tanya Humbles:
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