Annual inflation rates are projected to decline further in the coming months, mainly due to expected lower commodity prices and base effects stemming from past energy prices, but also owing to diminishing domestic inflationary pressures in an environment of subdued economic activity.
Holding of regular Policy Board meetings on monetary control matters With the powers of the Policy Board strengthened in this manner, the new Law provides for regular meetings of the Policy Board on monetary control matters as well as disclosure of summaries of discussions and transcripts (detailed records of discussions) of the meetings.