Inflation increased during May

Publication Date: Wed, 16 Jun 2010  08:50

Treasury Minister Anne Craine MHK
Treasury Minister Anne Craine MHK

Inflation on the Isle of Man increased to 5.6% in May.

The rate stood at 5% in April.

Treasury Minister Anne Craine says the rise could reflect what's happening in the UK.

Mrs Craine added that we can expect the retail prices index to be stable for a while.