Treasury Minister Eddie Teare has welcomed the further evidence of a fall in the Isle of Man’s inflation rate.
The latest statistics released by Economic Affairs Division have shown a .5% drop from 3 down to 2.5% between March and April.
There are however still keep categories of expenditure that will continue to see increases, however essential items like food and clothing have continued to come down.
The Minister has linked this to increasing competition amongst retailers in a tight market.
Police concerned for missing Ramsey man
Police are appealing to the public to help find a missing man from Ramsey.
Cultural organisation says income has dropped
Culture Vannin says its income from lottery duty fell by four per cent last year.
Students can win trip to NASA space school
Fancy winning a trip to a space school in Houston, Texas?
Unknown substance on beach likely palm oil
The fire and rescue service says the unknown substance found on Garwick Beach on Boxing Day was most likely palm oil.
Yellow weather warning for ice
Ronaldsway Met Office has issued a yellow weather warning for frost and icy patches.
Emergency services dealing with ‘unknown substance’ on beach
The fire and rescue service says it’s currently dealing with an unusual substance washed ashore at Garwick Beach.
Archallagan hosts orienteering race
A special Boxing Day orienteering event will be held this morning.
Your guide to Boxing Day traditions
Two Island traditions will get underway later.
