Mr. Chair, there certainly will be a feed through effect of higher oil prices. It costs more to get stuff here. We have supply disruptions already through the pandemic, and the Russia-Ukraine conflict is not making that any better.
Again, if I were to parse the increase in prices, of the 5.7% year-on-year inflation we have now, I would [Technical difficulty—Editor] and the rest of it is really a bad monetary policy, Mr. Chair.