Completely correct. It means that people have time to adjust, as their existing contracts come to an end and new ones come in at new prices, and it gives a boo

Completely correct. It means that people have time to adjust, as their existing contracts come to an end and new ones come in at new prices, and it gives a boost to the export industry. Also, getting a 5% reduction in your pay through prices going up is a lot easier, psychologically speaking, than trying to actually negotiate a 5% pay reduction with all workers.