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.
Southern road to shut for seven weeks
A road in the south of the Island will shut for seven weeks.
Today likely to be hottest of year
Ronaldsway Met Office says today's likely to be the hottest day of the year.
More to be done on violence against women, says minister
The government says progress is being made on its Violence Against Women and Girls Strategy, but insists there is still more to be done.
Second election candidate withdraws in southern constituency
Another candidate for Arbory, Castletown and Malew has withdrawn from the general election.
Cold water still a danger for swimmers despite the heat
The Fire and Rescue Service is warning people about the dangers of open water swimming as the weather heats up.
Full Moon Festival returns this weekend
The return of a popular music festival this week will see a temporary speed limit on one of the key roads into Douglas.
Castletown gets new homes for endangered Swifts
Four new Swift nesting boxes have been installed in Castletown Square.
Paralysed TT star gives thanks for support
A rider who was left partly paralysed by a crash during TT has thanked everyone for their support.
Comments
Add a comment