In the euro area, instead, household disposable income actually declined, by 0.6 per cent, though to a lesser extent than GDP (‑6.4 per cent).
The Bank is determined to diligently join international discussions such as meetings of the Financial Stability Board and the Basel Committee on Banking Supervision. I would like to close my speech by noting that the Bank will do its utmost to overcome deflation at the earliest possible time and achieve a vigorous financial system. Thank you.