CPI stands at 1.6%, RPI at 4.7%
The drop in the rate of inflation in July is 'good news' according the Policy and Reform Minister.
CPI deceased by 1% in July, down from 2.6%, and RPI dropped by just about the same amount.
Chris Thomas admits factors like the exchange rate and oil prices are beyond the control of the Manx government.
But he insists there are steps that can be taken to mitigate for the figure:
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Members debated the issue for over two hours
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Former Manx Care CEO to take charge of Guernsey health service
Teresa Cope left the Island's healthcare provider last month
Samaritans celebrating awareness day
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