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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.
Business confidence cools as costs climb and demand outlook weakens, survey finds
Rising labour and energy expenses dominate concerns, while optimism around future demand and profitability remains muted
Dates for rebranded Isle of Man Food and Drink Festival announced
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Isle of Man launches fourth annual Innovation Challenge
Entries focused on health and social care
2025 Year of Stamps Marked through Isle of Man Year Collections
This is a paid for promotion on behalf of Isle of Man Post
