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Chief minister calm over inflation

by isleofman.com 6th August 2013

Chief Minister Allan Bell says a jump in inflation might seem alarming – but he’s not too worried about spikes in the rate.

Last week, the government revealed the Consumer Prices Index jumped 0.4 per cent to 3.2 per cent.

But Mr Bell says occasional sharp rises generally balance out over the long term.

But he’s warning food prices are one of the areas driving price rises:
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Posted by isleofman.com
Tuesday 6th, August 2013 07:18pm.

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