The continuing fall in inflation figures is "comforting" according to the Isle of Man's Treasury Minister.
Last month it stood at 2.2 per cent, compared with a peak of nearly 7 per cent this time last year.
The decline is largely down to reductions in energy and petrol prices, but there have been significant falls in clothing and leisure goods and services as well.
Eddie Teare says it means the pressure on the consumers through rising prices is starting to moderate.
However, because things like oil prices are so volatile Mr Teare does not expect energy costs to carry on falling.
Ribbon cut on fully refurbished M&S store
Inflation falls to 2.9 percent in March
Is 'inter-generational home sharing' the solution to the loneliness epidemic and housing crisis?
DfE provided more than £250,000 to MT to assist with below ground fibre installations
