FRANKFURT, April 26 (Reuters) - European Central Bank
rate hikes have started to work their way through the economy,
as evidenced by falling inflation, but the bank still needs to
work on getting underlying price growth down, Cypriot central
bank chief Constantinos Herodotou said.
"We are beginning now to see the first signs of the impact
in the real economy and ... it's already seen in the headline
inflation, even though core inflation is sticky, so we still
have to work on that," Herodotou told the Delphi Economic Forum
in Greece on Wednesday.
(Reporting by Balazs Koranyi and Francesco Canepa; Editing by
Jon Boyle)
Reuters Messaging:
balazs.koranyi.thomsonreuters.com@reuters.net))
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