The growth of emerging-market economies has driven up demand for commodities, and that has pushed up the world prices for oil and many other commodities that we produce in Canada. Meanwhile, the more competitive world environment and productivity improvements in some countries are lowering the prices for a number of consumer goods, communications services, and computer equipment.
To use the metaphor of the anchor, the aim is to set the 2 percent anchor deeply in people’s understanding and  6  BIS central bankers’ speeches  make the observed inflation rate hover around the anchor.