.jpg)
A further fall in the Isle of Man's annual rate of inflation is being welcomed by Treasury Minister Eddie Teare.
It stood at 4.7 per cent as 2011 drew to a close, the lowest it's been for 16 months.
It's the fourth month running the Island's inflation rate has fallen, and Mr Teare says he hopes the trend will continue into 2012.
Inflation peaked at 6.8 per cent in August last year, have been in negative territory in June 2009.
CoC: 'Economic growth must be at heart of General Election'
Call for election candidates to set out plans to restore growth
Two large retailers 'express interest' in Next store in Douglas
Clothing and homeware store to leave Strand Street next month
Updates planned to beneficial ownership framework
Changes to be brought to Tynwald in May
TT themed restaurant and bar to open this weekend
'Grand opening' for Motor Isle Bar and Grill
