That said, the rate of change in the CPI for all items excluding fresh food and energy was only 0.8 percent, suggesting that price rises are not necessarily evident for a wide range of items, with the exception of energy.
In this context I understand that this conference will focus on three particular areas: (1) reconciling domestic and cross- border considerations in the use of macroprudential and capital-flow-management tools; (2) steps to further the development of regional bond markets and their implication for monetary policy strategies; and (3) issues and challenges associated with increased integration of emerging market banking systems.