The downside risk was that a sharp slowdown in the economy, associated with weak real income growth and the tightening in the supply of credit, pulled inflation materially below the target.

• 下跌的风险是，急剧放缓的经济，与薄弱的实际收入增长和紧缩的信贷供给，退出重大低于通货膨胀率的目标。