(Reuters) - Underlying inflation in the euro zone will fall along with energy prices but the continued easing of consumer inflation is predicated on wage growth peaking this year, European Central Bank chief economist Philip Lane said on Wednesday.
"There are reasons to believe, by looking at the indirect effect of energy on core, by looking at the pipeline (pressures), that there are data points to suggest that underlying inflation measures will ease over time," Lane told a conference.
"The fact we have inflation falling is based on the presumption that (wage growth) peaked this year," he added.