That is a very interesting question because we are focusing a lot on salaries. It is one of the indices that we are examining to determine whether the pressures on inflation are upwards or downwards.
For salaries, using a number of sources, we can see that the increases are quite small, as you said. In addition, as you can see in figure 2 in the monetary policy report, we have tried to go into the issue a little more deeply. We have seen that we can explain a part of the weakness in salaries by the shock caused by the drop in petroleum prices that we have experienced. That brought about a change in a sector where the jobs came with salaries that were high when compared to other sectors, such as services, where salaries are lower.
In addition, the adjustments in the energy sector itself required small salary increases, and that continues. If you combine that with the labour market indicators, where supply exceeds demand, you can see that salaries are lower at the moment. However, we expect that, as the economy continues to grow, salaries will continue to rise. So there should then be an increase in those rates over time. However, the pressures on inflation coming from the labour market mean that the price of goods and services is lower than it would otherwise be.