Chart 5. Total impact of unemployment on inflation
-0.01
-0.02
-0.03
-0.04
-0.05
-0.06
-0.07
-0.08
-0.09
1995 2000 2005 2010
1990
Chart 6. Inflation persistence
0.5
0.4
0.3
0.2
0.1
0
-0.1
-0.2
1995
2000
2005
2010
1990
10
Inflation and Inflation Uncertainty in the Euro Area
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