Wellink - Euro may add 0.25% to Dutch inflation

NETHERLANDS - Dutch Central Bank President and European Central Bank governing council board member Nout Wellink said Monday he expected the introduction of the euro to add around a quarter of a percentage point to inflation in the Netherlands.

Wellink based the estimate on a survey of 900 retailers.

He added, however, that he expected the inflationary effects to be short term and that next year the euro could cause prices to fall by around 0.2 to 0.4 percentage point.

Wellink was speaking at a

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