As regards inflation developments, headline inflation decreased further, to 0.4 percent in April (from 0.7 percent in March) according to first estimates, mainly due to the large drop in oil prices. Based on current oil price expectations, inflation is likely to fall much further in the coming months.
By using these sophisticated quantitative risk management tools to support their decision-making, banks are better able to distinguish profitable versus unprofitable relationships and determine whether a particular customer is compatible with the bank's appetite for risk.