Inflation on Island stood at 8.1% last month.
That's according to the latest Consumer Prices Index report - published yesterday.
Although it's down from 9% in April - government says given the economic lookout, it's likely the decrease represents only a temporary lull in rising inflation rather than signaling the beginning of a downward trend.
Transport continues to be the largest contributor, alongside gas, water, electricity and housing.
You can see the full report here.
Foreign exchange brokerage sponsor walking footballer
A leading walking footballer has received sponsorship from an Island foreign exchange currency brokerage.
Minister says 10 year plan being drawn up for hospitality and retail
Enterprise Minister Tim Johnston says his department is working on a 10-year strategy to help the struggling retail and hospitality industries.
Sponsors needed for StemFest
The Department of Enterprise is looking for sponsors for its annual StemFest event.
New Sanctions Act now in force
Today is the first day a new Sanctions Act comes into force on the Island.
Bushy's TT village sponsor announced
Bushy's TT Village will be sponsored by sustainable energy company Ørsted.
Sure IOM launches new Home Visit service
An Island telecoms company is launching a Home Visit service to help customers with any broadband/Wi-Fi issues.
Business marks Island security first
A local business has become the first on the Island to be given a membership by a police security initiative.
Industrial estate plans for former mine
A St Marks company says it's hoping to build 20 industrial units on a former mine in Foxdale.
