Food and non-alcoholic beverages biggest contributor
Inflation on the Island stands at 7.6% for May, down from 8.5% in April.
The Consumer Prices Index shows the category 'Food and non-alcoholic beverages' was the biggest contributor to the rate of inflation with an increase of 17.6%. Within that, eggs experienced the highest rise at 55.1% compared with twelve months ago.
The category 'Restaurants and hotels' exhibits the second biggest increase, having risen 14% compared with 12 months ago. 'Wines & spirits 'on' sales' has seen the biggest increase in this category (22.7%).
The third biggest contributor to the rate of inflation was 'Alcoholic beverages and tobacco', which show a rise of 9.9%.
You can find the latest inflation report in full here.
Creamery managing director to leave role
Fast-tracked legislation was designed to close 'loophole of expanding problem'
Farmers 'feeling the squeeze' more than ever says MNFU
Too soon to say if Finnish TT rider will have permanent vision problems
