This is reflected in exceptionally rapid increases in property prices, unprecedented demand for credit, labour shortages, higher inflation in the services sector and chronic congestion in the physical infrastructure. During the past year, there has been a marked disimprovement in our inflation performance, both in absolute terms and by reference to our main trading partners.
Simultaneously, I would like to express our warmest gratitude to the delegates for their candid and frank opinions. On the other hand, there may be deficiencies in organizing this event due to various constraints. In this respect, your opinions and tolerance are most appreciated. I would like to take this opportunity to wish you good health and a pleasant stay in Macao.