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Inflation falls by 0.4 per cent

Cabinet Office reveals figures for April

The Island's inflation rate, measured by the Consumer Prices Index, fell to 4 per cent in April - that's down from 4.4 per cent in March.

April was also significant because the methodology used to calculate the Retail Prices Index has changed - it now uses the Jevons formula instead of the Carli alternative, after an announcement in January.

Transport continues to push prices up, with air travel increasing by over 35 per cent over the last twelve months.

Other categories on the rise include oil, household utility prices, public and private sector rent, postage and telephones.

Pet owners also appear to have been stung, with kennel fees reportedly rising by 20 per cent.

Some categories, such as health costs, seem relatively unchanged, whilst many have fallen in price, including many food stuffs, and subscription to the internet.

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