M3 GROWTH HAS STABILISED RECENTLY
PRIVATE CREDIT CONTINUES TO MODERATE
INFL. PRESSURES WILL EASE IN THE MEDIUM TERM
DUISENBERG:SHORT-TERM HICP RISES TO PREDOMINATE NEXT FEW MTHS
MAY DEPT STORES SAYS JUNE SALES ALSO TO BE HURT BY PROMOTIONS
SLOWER EMU GROWTH SHOULD HELP DAMPEN INFLATION
DUISENBERG SAYS INFLATION PRESSURES WILL EASE IN MEDIUM TERM
DUISENBERG: GDP GROWTH TO BE BROADLY IN LINE WITH EMU POTENTIAL
EMU GDP BEYOND 2002 DEPENDS ON INT'L OUTLOOK
ON-GOING CONCERN ON 2ND ROUND INFL. EFFECTS
REPEATS CALLS FOR WAGE MODERATION; GOOD SO FAR