BERLIN (Reuters) - Markus Kerber, managing director of Germany's BDI industry association, said on Tuesday he did not expect a swift change in the European Central Bank's monetary policy, adding that an increase in the inflation rate was no reason for a shift.
The current inflation indicators alone "are not yet, in my view, a sufficient pointer to a change in European interest rates," Kerber told a news conference.
A pick-up in inflation, both in Germany and the euro zone, has prompted fresh calls from German economists for the ECB to raise interest rates and scale back its monetary stimulus.
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(Reporting by Gernot Heller; Writing by Madeline Chambers; Editing by Andrea Shalal)