As inflation in the Island falls for a fifth consecutive month, the treasury minister says he expects the downward trend to continue throughout 2012.
January's figure, as measured by the Retail Prices Index, stood at 4%, down from 4.7% the previous month.
It's at the lowest level since December 2009.
Eddie Teare explains why he thinks it will carry on dropping:
More than 3,000 jobs added to economy since September 2021
Almost 1,400 in government-run services such as health and education
Review of income thresholds for public sector housing
DOI responds to call from Onchan MHK
Firearms officers deployed to incident near Laxey
No members of the public at risk, say police
A step into the modern era for social security
Secure messaging platform launched
Attempted burglary in Ramsey sparks appeal
'Unknown persons' entered sheds and opened car glovebox
Two Manx high schools told to stop operating CCTV 'inside' toilets
Information Commissioner issues Urgent Enforcement Notices
