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Inflation will continue to rise as long as the war in the Middle East persists

Inflation will continue to rise as long as the war in the Middle East persists

Inflation in the Netherlands continues to rise due to the conflict in the Middle East, with May price increases significantly higher than in previous months. While De Nederlandsche Bank does not expect inflation to reach the record levels seen in 2022, economists warn that rates may continue to climb.

Based on reporting by nu. Translated and condensed by LocalHeadlines.

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