The annual rate of inflation as measured by the Retail Prices Index (RPI) has continued to decrease, now showing 2.6% in March 2014 from 2.9% in February 2014.

Excluding housing costs, the annual rate of inflation shown by the RPI has also decreased to 2.6% in March, down from 2.9% in February 2014.

The annual rate of inflation shown by the Consumer Prices Index (CPI) decreased to 1.6% down from 1.8% in February 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.