Inflationary 5  pressures will be soothed by past monetary policy tightening, anticipated waning of the effects of global factors underpinning energy and food price growth in the past period, and subdued external demand amid unfavourable global growth prospects.
Though they remain volatile and much higher than a year ago, the global prices of oil and other primary commodities as well as industrial raw materials have been drifting down over the past months in the face of stronger recessionary pressures worldwide, while supply chain disruptions are easing as well.