Isle Of Man / Ellan Vannin

Isle of Man inflation at highest since February 2012

Petrol pump Image copyright PA
Image caption The Treasury said petrol prices on the Isle of Man have increased by 8.6% during the past year

Isle of Man inflation has reached its highest rate for five years, partly as a result of the rising price of fuel, according to a Manx Treasury report.

The island's annual inflation, as measured by the Consumer Prices Index (CPI), reached 3.9% in May, up from a rate of 2.1% in April.

During the past year, island petrol prices have risen in price by 8.6%, while food costs have risen by 2.3%.

The report also said the cost of toys, alcohol and pet care had risen.

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