CPI stands at 1.6%, RPI at 4.7%
The drop in the rate of inflation in July is 'good news' according the Policy and Reform Minister.
CPI deceased by 1% in July, down from 2.6%, and RPI dropped by just about the same amount.
Chris Thomas admits factors like the exchange rate and oil prices are beyond the control of the Manx government.
But he insists there are steps that can be taken to mitigate for the figure:
Former MHK accuses chief minister of 'belittling and demeaning Tynwald' over Assisted Dying Bill
Quintin Gill writes to Alfred Cannan over behaviour that's 'inappropriate and unworthy of any chief minister'
Medical Staff Committee claims vote of no confidence led to leadership changes at Manx Care
88 percent of members voted to say they had no confidence in the healthcare provider's board
Electronic payment cards and vouchers among alternatives to MiCard under consideration
Remaining MiCards to be withdraw in December, with post office payments ending in March 2027
Tuesday sailings changed due to Manxman maintenance
Two crossings brought forward and will now be operated by Manannan