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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.
'All sorts of possibilities' as future of MDC to be reviewed
Report to consider future function of arms-length company as construction costs soar
New food standards rating scheme launched
Inspections to be carried out by UK inspectors
Construction costs on the Island 18% above UK average and comparable with Outer London
'Key problems' include reliance on imported materials, labour shortages and planning delays
NEXT store to remain open
Strand Street outlet had been earmarked for closure
