ECB should give more weight to housing costs in measuring inflation - Chief Economist

Euro zone inflation pressures are building but only slowly -ECB chief economist

European Central Bank Chief Economist Philip Lane speaks during a Reuters Newsmaker event in New York, U.S., September 27, 2019. REUTERS/Gary He

- The European Central Bank should give more weight to housing costs in the way inflation is measured in the euro zone, its chief economist Philip Lane said in an interview with the Financial Times published on Sunday. “We at the ECB would agree that there should be more weight on housing - but there is a difficulty and this has been looked at several times before,” Lane told the newspaper.Reporting by Kanishka Singh in Bengaluru; Editing by Angus MacSwan

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