By keeping inflation low, we have preserved the real value of household and corporate incomes, while making an important contribution to the predictability of doing business. That inflationary pressures are still low is also indicated by core inflation which averaged 1.3% y-o-y in 2019.
The SRCM is a strategic document that highlights how ongoing tasks contribute to crisis management and identifying initiatives which we believe are needed moving forward. As we develop the tactical plans that underpin this strategic document, the SRCM is thus a living document that evolves with the market and the needs of its stakeholders.