For early 2004, there is still some uncertainty about the precise impact on HICP inflation of planned increases in indirect taxes and administered prices in a number of euro area countries.

就2004年早期而言，一些欧元国家有计划地提高间接税并控制价格，这些因素对于调和消费价格指数的精确影响目前仍然存在不确定性。

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Further upside risks have stemmed from high international crude prices, their impact on freely priced petroleum products, the increase in administered coal prices and pick-up in non-food manufactured product prices.

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The panel expects wholesale inflation to remain around 6% this fiscal year due to increases in administered fuel prices, he added.

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