Meanwhile, growth of MSME loans accelerated to 3.04% (yoy) in the reporting period. Such developments demonstrate ongoing gains in the real and corporate sectors, micro, small and medium enterprises (MSMEs) in particular (Graph 40). Moving forward, Bank Indonesia predicts gradual Figure 1.
And third, we expect price stability to be maintained over the medium term, thereby supporting the purchasing power of euro area households, also as inflation expectations remain firmly anchored in line with our aim of keeping inflation rates below, but close to, 2% over the medium term. So let me assess the euro area financial and economic outlook in a bit more detail.