The Isle of Man has just recorded a second month of deflation.
Figures out today show that inflation is deeper in negative territory, down to minus 0.9 per cent from minus 0.2 per cent in May.
It means the cost of living is falling, largely due to lower mortgage payments.
But it's not such good news for those who rely on fixed income investments, who have seen interest rates plummet.
Treasury Minister Allan Bell hopes the trend of negative inflation doesn't continue for too much longer:

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