It is expected to rise gradually to 2 per cent by the middle of 2012 as excess supply in  BIS central bankers’ speeches  1  the economy is slowly absorbed, labour compensation growth stays modest, productivity recovers, and inflation expectations remain well-anchored.
The local financial sector has not been left behind and has to some extent experienced the ‘Fintech’ phenomenon, ranging from increased use of electronic payment methods such as mobile and internet banking, as well as growing interest in cryptocurrencies.