Inflation and Inflation Uncertainty in the Euro Area



Chart 8. Short-run and structural inflation uncertainty

0.25


0.2


0.15


0.1


Short-run uncertainty1''

I ∣>,                         ll` ) ∖ I

0.05


0

1990               1995               2000               2005               2010

Structural uncertainty


Chart 9. Steady-state inflation uncertainty

0.14


0.02


0.12

0.1

0.08

0.06

0.04

1995

2000

2005

2010


1990


12




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