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Treasury Minister Anne Craine says she is cautiously optimistic about inflation, despite expecting it to rise in the months ahead.
Although it dropped from 6.7 per cent in April to 6.3 per cent last month, she says the future remains uncertain.
She believes much will depend on what happens to oil and other commodity prices:
Ministers to meet with LVA to discuss hospitality concerns
Comes after concerns raised about the issues facing the industry
Looneys of Ramsey to close
Number of factors behind the decision
Trade is good, but it's still a struggle to make a profit, says local business
Comes after calls for gov't to do more to help hospitality sector
Villiers Square development plans approved
Two buildings proposed for the site
Developer offers Newson's building to government 'free of charge'
But government minister thinks it wouldn't be appropriate to accept
Financial education course launched through UCM
Two-year course combines various qualifications
