The annual rate of inflation as measured by the Retail Prices Index (RPI) decreased in February to 2.9%, down from January’s figure of 3.1%.

Excluding housing costs, the annual rate of inflation shown by the RPI also decreased to 2.9% in February, down from 3.1% in January 2014.

The annual rate of inflation shown by the Consumer Prices Index (CPI) decreased to 1.8% down from 2.0% in January 2014.
For more information on Inflation indices please visit -

https://www.gov.im/categories/tax,-vat-and-your-money/inflation/

where a guide has been published to explain the different methods.