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Too Early for 'Direct Action' over Cost-of-Living Concerns Says Chief Minister
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Isle of Man Government - Chief Minister acknowledges pressures as inflation rises
The spike in fuel prices triggered at the start of the Middle East conflict is reflected in the latest monthly inflation rate, which is published today. Inflation in the Isle of Man, measured by the Consumer Prices Index (CPI), rose by 2% in April compared with March, taking the annual rate to 4.9%. A Government spokesperson said: 'We know that increases in everyday costs, particularly fuel and food, can have a real impact on households. We wan…
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