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Oil and fuel prices on the island up 57% in the year to September

Overall inflation was 4.1% over the same 12 months, according to the Cabinet Office's latest report, with education recording the largest category increase.

Douglas harbour's breakwater and the Tower of Refuge, with the town's seafront and the hills behind.
Douglas Harbour and the bay from Douglas Head. Photo: Zairon, CC BY 4.0

The cost of oil and other fuels on the island was 57% higher in September than a year earlier, according to the latest inflation report from the Cabinet Office.

The report, covered by 3FM, puts overall inflation for the 12 months to September at 4.1%.

Education saw the largest increase of any category, with costs 10.5% higher than a year before, 3FM reported. Transport prices went up by 5.7% over the same period.

Food rose more slowly. Prices were 1.7% higher than in September last year.

The full report has been published by the Cabinet Office.

  • Inflation
  • Cost of living
  • Cabinet Office
  • Fuel prices
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