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Inflation on Island increases

The annual rate of inflation on Island went up last month, according to the latest government report.

It stood at -0.3% for October, an increase of 1% on the previous month.

Recreation and culture was the biggest contributor, causing a 0.9% increase compared to the same time last year.

Meanwhile, the biggest decrease over the last 12 months was a drop of 35.7% for oil and other fuels, whilst there were also decreases for children's, men's and women's outerwear as well as tea.

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