Continuing the trend that has occurred since March 2020, general inflation in August 2020 decreased again by 0,22 bps to 1,32% (YoY) – its lowest point in the last 20 years. We see that the downward trend in inflation is closely related to the lack of recovery in people's purchasing power, as reflected in the core inflation trend which has continued to decline since March 2020. In addition, the uncertainty that has re-emerged with the number of COVID-19 cases continuing to increase is encouraging people to reduce consumption over investment and choose to increase savings.

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