Is that a trend we can keep? I know many of you are used to looking at charts and trends. The chart on the right side of the screen is something which you may not be that familiar with. It’s called a fan chart. It shows the projected path of inflation and the likely area this can stray about, given certain levels of confidence.
Inflation is seen to be manageable over the policy horizon, even as the inflation path has somewhat moved higher. The left hand side of the screen lists the potential price risks.