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Inflation increase of 2.7% from April-May

Gas and other fuels saw biggest yearly jump

Inflation on the Isle of Man increased to 3.5 per cent in May.

That's up from 0.8 per cent the month before.

When the Island's borders closed the cost of air travel had been left out of monthly inflation reports until now - figures for May show a yearly increase in that area of 37.2 per cent.

Meanwhile, gas and other fuels has had the biggest yearly jump by 45.2 per cent.

A full breakdown of the inflation report for May 2021 can be found HERE.

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