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Inflation falls to three-year low

The government says inflation on the Island is at its lowest for three years.

The annual rate, measured by the Retail Prices Index, fell last month to 3% - its lowest level since November 2009.

Also down is the Consumer Prices Index, which fell to just 2.5% in March.

The Treasury says this year-on-year fall is mainly down to a large jump in last year’s inflation figures for March.

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