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Recent estimates of exchange rate pass through to import prices in the euro area

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Figure

Table 1  GLS estimation results from pass-through equation over 1990:3-2012:4 and Wald tests
Fig. 2  Correlation ERPT and inflation over 1990-2012 (Greece excluded). Notes: y-axis: ERPT to import prices estimated from Eq
Fig. 3 Correlation between ERPT and degree of openness. estimated from Eq. (12) over 1990-2012; x-axis: ratio of imports to GDP
Table 2  The share of the euro as an invoicing currency of EA trade with the rest of the world (%)
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