Isle of Man
Inflation as measured by the Consumer Price Index stood at 0.1% for July 2020, up from -0.3% in June 2020. At 0.7% recreation and culture was the biggest contributor towards the increase compared to the same time last year. All products within this category experienced an uplift in prices compared to July 2019, with internet subscriptions increasing by 13.7% and pet care by 8.8%.
On the Isle of Man labour market, the number of registered unemployed increased by 766 compared with July 2019. This meant the rate for July 2020 was 2.6%, the same as the previous month.