Inflation in the Island has fallen – and that’s been welcomed by the Chief Minister.
Government figures show reduced petrol, fuel and energy costs in May helped produce a fall from 3.3 to 2.4 per cent.
Excluding housing costs, the annual rate of inflation shown by the Retail Price Index also went down from 2.9 per cent in April to 1.9 per cent in May.
Allan Bell hopes it will trigger a long-term impact.
Storm Bram: Trees down amid widespread disruption
Footage shows large waves crashing onto coastal roads
Further adjournment for attempted murder accused
19-year-old is also charged with several other offences
Risk of overregulation ahead of Moneyval has led to 'friction'
Chief minister discusses response from business sector ahead of assessment
"Most" remaining MiCard users sign up for bank account payments
Minister says fewer than 100 may receive new cards after service switch-off
Storm Bram: Red weather warning to come into force later
We're told to expect 'severe' coastal overtopping this afternoon