The Treasury Minister is welcoming a further fall in the Island's inflation rate.
Latest figures show it now stands at 2.2% - the lowest it's been in over two and a half years.
The latest fall is being put down to a decrease in the price of things like clothes and leisure goods.
Surprisingly a dip in energy and petrol costs is also being given some of the credit.
Eddie Teare says he realises people think fuel prices are very high but he says they did ease last month.
He's optimistic about the latest inflation trends.
(AUDIO ABOVE)
Department for Enterprise criticised over response to staff bonuses FOI
Family thanks ambulance crew after unforgettable birth of baby Eli
Isle of Man hotel access complaint featured on BBC’s Rip-Off Britain
Friends to tackle 55-mile coastal walk in tribute to much-loved KWC student
Government asked how many medical negligence cases it’s defending
TT homestay warning issued to Onchan housing tenants
Island organisations offered grants for overseas aid projects
Tynwald to question Glyphosate use on the Island
Comments
Add a comment