Rate at highest level since February 2012
Rising flight costs are a major factor behind the Island’s highest rate of inflation for five years.
So says the Chief Minister after the level for May rose to 3.9 per cent – that’s up from 2.1 per cent in April.
The consumer prices index - government’s preferred measure of inflation – is now at its highest level since February 2012.
Howard Quayle says the cost of petrol, sea travel and air travel have all risen
Dates for rebranded Isle of Man Food and Drink Festival announced
'The Big Manx Feast' will return in September next year
Treasury eyes tougher immigration rules to tackle 'risks' facing system
Higher pay requirements and stricter dependant policies to be reviewed by Council of Ministers
Business confidence cools as costs climb and demand outlook weakens, survey finds
Rising labour and energy expenses dominate concerns, while optimism around future demand and profitability remains muted
MHKs challenge MiCard scrap after constitutent dissatisfaction
Claims of 'pressure selling' and a political 'scramble' emerge
