Dutch ctrl bk sees 2001 CPI 4.2%, a 17-year high

- Central Banking staff
- 13 Dec 2000

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Dutch consumer prices are set to grow 4.2% in 2001, the highest growth level since 1983, the Dutch central bank said Wednesday in its quarterly report. The rise coincides with a decline in gross domestic product growth to a still high 3.7% in 2001, from an expected 4% this year, the central bank said.

Several factors will push up inflation, including a major overhaul of the Dutch tax system, increasing tightness in the labor market, which is pushing up wages, and the euro's expected strengthening

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