Inflation on the Island fell to 5.8% last month, according to the Consumer Price Index.
That's down from 6.9% in June.
'Food and non-alcoholic beverages' were the biggest contributor, with an increase of 15.5%.
That's followed by 'Restaurants and hotels,' with wines and spirits sold on licensed premises seeing the biggest increase at 22.7%.
Island keeps its AA3 Moody's credit rating
More companies giving employees input in risk assessments
Russian citizens added to cyber sanctions list
How will Island remain attractive during MONEYVAL assessment?
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Festive social event for young professionals this week
Fewer businesses now optimistic about future