Inflation went down to 4.4 per cent in January.
That's according to the latest Consumer Prices Index figures from the government, and is a 0.8 per cent decrease on the previous month.
Alcoholic drinks and tobacco had the biggest rise compared with 12 months ago, at 11.8 per cent, followed by restaurants and hotels.
The third biggest contributor to the rate of inflation was recreation and culture, which showed a rise of 7.2 per cent.
Businesses invited to Southern Agricultural Show
Would your business like to be part of one of the Island's biggest annual events?
New gym being launched in historic church
A new gym has offered a sneak peek inside the church where it's setting up shop.
Construction careers fair next month
An event in Braddan next month will showcase opportunities in the Island's construction sector.
Regulator asks businesses for info to fight financial crime
The Gambling Supervision Commission's calling on businesses to give information which helps fight money laundering and terrorist financing.
Chamber of Commerce wants members for election task force
The Island's chamber of Commerce is asking its members to sign up for an election task force to shape government policy.
Bank deposits rose over past year
The amount of money deposited in Island banks has risen over the past year, according to the Financial Service Authority's latest statistics.
Innovation and Investment forum expands to Island
A new innovation and investment network is being launched in the Island.
Conister Bank boosts local charity with record donation
Conister Bank has surprised The Children's Centre by donating a new minivan.
