Inflation change could spell trouble says Chief

Tue, 20 Jan 2015

News that the Island's inflation rate has dropped should be welcomed with cautious optimism.

That's according to the Chief Minister who says whilst it is good news it could have ramifications for the wider economy.

The annual rate of inflation dropped to 0.2 per cent from 1.1 per cent in December.

Mr Bell says whilst it means more money in people's pockets it comes with risks: