Good news for householders as inflation drops

Fri, 03 Jul 2015

A drop in the Island's inflation rate is good news for households according to the Chief Minister.

The Isle of Man's rate of inflation fell to -1.2 per cent last month - meaning we are still in deflation.

The figures, measured by the Consumer Prices Index, reveal a drop from May's figure of -1 per cent.

Allan Bell says the news is generally positive: