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Inflation up in February

There was a rise in the rate of inflation in the Isle of Man last month, according to Isle of Man Treasury's latest figures.

At the end of February, as measured by the Retail Prices Index, it stood at 2.8%, up from 2.5% in January.

During the past year on the Island, food prices have risen by 4.6%, tobacco and cigarettes by 11.8% while fuel and light prices have fallen by 1.3%.

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