Inflation still main concern of ECB

GERMANY - European Central Bank council member Vitor Constancio said on 10 May that inflation still remained the bank's main concern.

ARTICLE - He was asked by reporters to comment on recent weak German economic data. Constacio, who is also the head of the Portuguese central bank, said: "It's an indicator we have to consider. But I would like to stress that our policy is forward looking." Asked if this meant that inflation was still the ECB's main concern, he said: "That's right."

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