Inflation rose to 4.6% on the island last month - up from 4.4% in October.
It's still below September's 5.0% figure, which was a five-year-high.
Transport remains the largest single contributor to inflation, showing a 1.8% increase in the overall 12 month rate.
It's followed by housing, water, electricity, has and other fuels which caused a 1% increase.
In the UK, inflation has surged to a ten-year high of 4.2%.
Bank lending rises on Island
New motorsports bar advertises for staff in countdown to TT
Adult learning festival heading to Douglas
New cattle tracing system brought in
Port Erin restaurant's planning application for new door
Manx Menu winners announced!
Sponsors needed for inter-Celtic forum