Latest News Headlines
On-Air Now
Listen Live
Facebook

Treasury Minister expects further fall in inflation

Fri, 03 Feb 2012

Treasury Minister Eddie Teare MHK
Treasury Minister Eddie Teare MHK

The Treasury Minister says the Island's inflation rate is levelling out after rises in VAT and energy prices.

Eddie Teare has welcomed the latest fall to the Retail Prices Index, which fell to 4% in January.

It's the lowest level for the RPI since December 2009, and the 5th consecutive month of contraction.

Mr Teare thinks we can expect further falls in inflation [play clip]

 


Media

  • Eddie Teare MHK

Bookmark and Share

 

 

Subscribe to get Energy FM News direct to your mobile device

You can get Energy FM News delivered direct to your mobile device using one of the following methods.

  • In the Apple News App on iOS search for Energy FM IOM and then just add it to your favourites
  • In the Google News & Weather App just search for Energy FM and then add us as a customised section
  • If you use an RSS Reader then just add our feed to your app, click here for our news RSS feed