The Stability and Growth Pact is the yardstick for the euro-area countries in this respect. These are not monetary policy tasks - they have to be tackled by the other policymakers in their respective fields.
BIS central bankers’ speeches  3  Not only did the average food prices rise during the second half of 2000s but they were more volatile (Table 4). Structural food inflation Food prices being subject to supply shocks tend to be volatile. For example, the performance of monsoon has a significant bearing on the trend of domestic foodgrain prices.