The figure below shows the evolution of two different measures of inflation. Which of these series is showing the evol

MATLAB: An Introduction with Applications
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The figure below shows the evolution of two different measures of inflation. Which of these series is showing the evolution of a measure of headline inflation, and which one is showing the evolution of a measure of underlying inflation? Justify your answer, and give an example of a measure of underlying inflation.

0.15
-Series 1
.... Series 2
0.1-
0.05
-0.05-
-0.1
-0.15
870
1990
1975
1980
1985
1995
2000
2005
2010
2015
2020
Transcribed Image Text:0.15 -Series 1 .... Series 2 0.1- 0.05 -0.05- -0.1 -0.15 870 1990 1975 1980 1985 1995 2000 2005 2010 2015 2020
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