LISBON, Jan 10 (Reuters) - European Central Bank's governing council member Mario Centeno said on Tuesday the current process of interest rate increases is approaching its end.

The central banker, who was answering Portuguese legislators during a committee hearing in Lisbon, added even though inflation may have some resistance in January and February it will resume falling in March. (Reporting by Sergio Goncalves, editing by Inti Landauro)