High inflation on the Island can be partly blamed on the fallout from Brexit, according to Policy and Reform Minister Chris Thomas.
This month, the government revealed inflation stood at 4.6 per cent - its highest rate for more than five years.
Mr Thomas says a high figure can cause problems if wages can't match the rising cost of living.
But he says he does expect the figure to fall in the coming months:
DoI says works at Liverpool ferry terminal will take longer
Over 50 employment tribunals outstanding at the DoI
Free period products bill raises cost concerns for MHKs
Key road in Ramsey to re-open early this afternoon
Want to start training to become a nurse?
Appeal launched after fly-tipper filmed dumping rubbish
Prepare your pets for Bonfire Night, says Manx charity
Manx Care bringing in mobile translation machine