May I say, in relation to decimalisation, that an examination of the facts will demonstrate that it did not have any significant inflationary outcome. As regards the euro changeover the expectation is that any inflationary fallout should be small. This is the view of the European Central Bank which is monitoring developments on a euro area wide basis.
Rafael Buenaventura: Brief overview of inflation in the Philippines Opening remarks by Mr Rafael Buenaventura, Governor of Bangko Sentral ng Pilipinas (Central Bank of the Philippines), at the BSP Inflation Report Press Briefing, Manila, 29 October 2004. *  *  *  Good morning, everyone.