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Residents urged to expect 'very tough' 12 months

Chief Minister blames rising inflation and energy costs

People on the Isle of Man are being warned to expect a 'tough' 12 months due to rising inflation.

That's from the chief minister who says government intervention is likely.

The Island's inflation rate, as measured by the Consumer Price Index, is currently 6.4 per cent.

Alfred Cannan says it's something he's watching closely:

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