New slide show to promote Isle of Man
MBC is creating a library of slides of interesting facts about the Isle of Man. The Island is well known as an international business centre but there are a wide range of elements that go to make up the whole and some of the interesting facts included in the library help demonstrate the wide interests, connections and levels of expertise to be found on the Island.
Isle of Man Retail Price Index
- Reduced petrol, fuel and energy costs in May helped produce a fall from 3.3% to 2.4% in the Island's annual inflation rate.
- Excluding housing costs, the annual rate of inflation shown by the RPI also decreased, from 2.9% in April to 1.9% in May.
- The annual rate of inflation shown by the Consumer Prices Index (CPI) was 1.2% in May, down from 1.9%.
Unemployment has returned to the world with a vengeance, over a million young now without a job in the UK with levels of 30% in some parts of the EU. Unemployment in the Isle of Man has been extremely low for many years and it remains at around 2% however, over the last twelve months those without jobs on the Island has increased, showing the Island is not immune from the international downturn.