As inflation in the Island falls for a fifth consecutive month, the treasury minister says he expects the downward trend to continue throughout 2012.
January's figure, as measured by the Retail Prices Index, stood at 4%, down from 4.7% the previous month.
It's at the lowest level since December 2009.
Eddie Teare explains why he thinks it will carry on dropping:
Island falls silent to remember them
Two-minute silence held to mark Remembrance Sunday
Average wait of 11 weeks for Disability Living Allowance claims
Reduction in overall average since summer
Man sexually assaulted woman as she slept on beach
Deemster brands assault "quite horrific"
Appeal for Onchan FC memorabilia
Plan to furnish new club house with memories