ECB's Makhlouf says he has not yet seen signs of second-round inflationary impact

DUBLIN, May 27 (Reuters) - ​European ⁠Central Bank Governing Council ​member Gabriel Makhlouf on Wednesday said ​he had ‌not yet seen any ⁠evidence of second-round inflationary effects ⁠from higher energy ​prices caused by the Iran war, but that did not mean ​they ‌did not exist.

"We're seeing indirect effects ... I haven't seen the second-round effects emerging ​but that's not to say ‌that they don't exist and (that) I'll be presented with ‌those when we have our next meeting," Makhlouf told a news ​conference on Wednesday.

Asked whether the governing ‌council was likely to increase interest rates at the meeting in ⁠early ⁠June, he said ‌their decision would depend on new economic projections, ​his ​own analysis of economic ‌data and the input of colleagues. (Reporting by Conor Humphries; Editing by Padraic Halpin)