FRANKFURT, March 6 (Reuters) - Inflation in the euro
zone remains high but there are signs it is easing, the European
Central Bank's chief economist Philip Lane said on Monday as he
backed more interest-rate hikes.
"The heatmap suggests still strong inflationary pressures,
but some signs of easing are emerging," Lane said.
He saw easing price pressures from raw materials, economic
activity and supply bottlenecks, partly offset by food and
labour costs.
"The current information on underlying inflation pressures
suggests that it will be appropriate to raise rates further
beyond our March meeting," he added.
(Reporting By Francesco Canepa; editing by Balazs Koranyi)
004906975651247; Reuters Messaging:
francesco.canepa.thomsonreuters.com@reuters.net))
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