Manx Inflation holds steady.
18th August, 2009
The Retail Prices Index (RPI) increased between mid June and mid July to stand at the same value as at July last year, so producing a 0% annual rate of inflation. This compares with the -0.9% rate recorded in June.
The rate of inflation excluding housing costs was 2.6% as shown by the RPI.
An alternative measure of price changes is given by the Consumer Prices Index (CPI).The rate of inflation shown by the CPI increased to 1.0% in July from 0.5% in June.