There are two important aspects.
First, the economy is slowing down, that's true. We expect almost zero growth for about three quarters, the fourth and last quarter of this year and the first and second quarter of next year. In the second part of next year, growth will pick up again and, towards the end of next year, the inflation rate will fall to 3%. Currently it is around 7%. Unfortunately, we expect it to remain quite high for the rest of this year. It will start to come down next year, to about 3% towards the end of next year. So it's going to take a while.
That said, we see that monetary policy is already starting to have an effect in those sectors that are interest-rate sensitive. Inflation has not really come down, but it has stopped rising. We are following the indicators closely and we think that inflation will start to fall early next year.