Government says drop is due to lower gas prices
Inflation on the Island fell by 2.2% in November.
Data released by the Isle of Man Government shows the consumer prices index now stands at 7.9%, down from 10.1% in October.
The inflation report says the drop is almost entirely due to the recent reduction in gas prices.
Housing, water and electricity remain the biggest contributors to inflation.
Tynwald backs chief minister's new minimum wage approach
Rate to be set at £12.86 from April
The public deserves far better than the dysfunctional shambles it's seeing
Political commentator reflects on ministerial reshuffle
Payments to Isle of Man Meats board more than triple over three years
Compensation paid to non-executive directors rose from £70k in 2023 to more than £250k in 2025
Coastal overtopping expected either side of high tide
Yellow weather warning in force from 10.45am until 2.45pm