6  12  See Andrew Filardo, “Ensuring Price Stability in Post-Crisis Asia: Lessons From the Recovery,” BIS Working Papers, No. 378, 2012. BIS central bankers’ speeches  A. Performance of realized inflation and inflation expectations  The Asia-Pacific region shows a more moderate inflation compared with the 1990s.
In recent years, inflation has declined somewhat in some of these economies owing to a decline in global energy prices, the slack in global economies, and weak domestic demand. Inflation performance in the inflation-targeting economies Regarding the inflation-targeting economies, realized inflation underwent an occasional large deviation from the inflation target range over the period (Chart 8).