€100 in 1999 → €109.29 in 2003

Euro Inflation Calculator

Euro Inflation Rate, 1999-2003 (€100)

According to the European Central Bank, the euro experienced an average inflation rate of 2.25% per year. Prices in 2003 are 9.3% higher than prices in 1999.

In other words, €100 in the year 1999 is equivalent to €109.29 in 2003, a difference of €9.29 over 4 years.

The inflation rate in 2003 was 2.12%.

Inflation from 1999 to 2003
Cumulative price change 9.29%
Average inflation rate 2.25%
Price difference (€100 base) €9.29
CPI in 1999 74.30416667
CPI in 2003 81.21


Euro inflation chart from 1996 to 2017


How to calculate the inflation rate for €100, 1999 to 2003

Start with the inflation rate formula:

CPI in 2003 / CPI in 1999 * 1999 EUR value = 2003 EUR value

Then plug in historical CPI values. The Euro CPI was 74.30416667 in the year 1999 and 81.21 in 2003:

81.21 / 74.30416667 * €100 = €109.29

€100 in 1999 has the same "purchasing power" as €109.29 in 2003.


News headlines from 1999

Politics and news often play an important role in economic performance.

  • NATO begins its bombardment of Yugoslavia in the Kosovo War marking the first time NATO attacked a sovereign country.
  • 13 killed, 24 injured in the Columbine High School Massacre.
  • Slobodan Milosevic and four others are indicted by the International Criminal Tribunal for former Yugoslavia, for war crimes and crimes against humanity committed in Kosovo.

Inflation Data Source: The European Commission and the European Central Bank's Harmonized Index of Consumer prices (HICP), which is computed based on the reported consumer price indices in member countries of the European Union.


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