Jersey's inflation rate has fallen to 5.7% That is down from 7.5% at the end of last year.
It means, while prices continue to rise, they are increasing at a slower rate.
The 7.5% figure recorded in December 2023 was the first to be in single digits since September 2022. Inflation in Jersey peaked at 12.7% in December 2022.
Higher mortgage interest payments and housing costs continue to drive up the cost of living in the island.
Food inflation is down to 3.7%, compared to 5.9% in December.
Duty increases that took effect in January contributed to higher prices of alcohol (up 5.4%) and tobacco (12.2%).
Jersey's RPI is now a little lower than Guernsey's 5.8%.
The UK's Consumer Prices Index was 3.2% for the 12 months to March, down from 3.4% in February.
Gary Freeman and his management team resign from Jersey Bulls
Siam Cup 2024: Guernsey dominate
Jersey Bulls' promotion hopes gone after play-off loss
Co-Op to offer a 2% dividend to members
Lee Durrell calls for 'stability' as Jersey Zoo members vote to keep trustees
Oliver and Olivia are Jersey's most popular baby names
BREAKING: Durrell trustees survive vote of no confidence by a landslide
EVie bikes' bleak future in Jersey as service is completely removed