Notwithstanding volatility in specific segments of the financial markets, the pursuit of price stability is, and will remain, our over-riding goal – as has been reflected in our decisions over the past few months, as well as our policy choices in the preceding years.
Based on this situation, private consumption is expected to increase moderately on the back of the continued steady improvement in the employment and income situation. B. The Current Situation of Prices and Their Outlook Next, I would like to touch on price developments.