Euro Inflation Calculator
Euro Inflation Rate, 1999-2006 (€100)
According to the European Central Bank consumer price index, the euro experienced an average inflation rate of 2.22% per year. Prices in 2006 are 16.6% higher than prices in 1999.
In other words, €100 in the year 1999 is equivalent in purchasing power to €116.64 in 2006, a difference of €16.64 over 7 years.
The inflation rate in 2006 was 2.21%.
| Cumulative price change | 16.64% |
| Average inflation rate | 2.22% |
| Price difference (€100 base) | €16.64 |
| CPI in 1999 | 74.30416667 |
| CPI in 2006 | 86.67166667 |
How to calculate the inflation rate for €100, 1999 to 2006
Start with the inflation rate formula:CPI in 2006 / CPI in 1999 * 1999 EUR value = 2006 EUR value
Then plug in historical CPI values. The Euro CPI was 74.30416667 in the year 1999 and 86.67166667 in 2006:
86.67166667 / 74.30416667 * €100 = €116.64
€100 in 1999 has the same "purchasing power" as €116.64 in 2006.
News headlines from 1999
Politics and news often influence economic performance. Here's what was happening at the time:
- 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
Raw data for these calculations comes from 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.
You may use the following MLA citation for this page: “1999 euros in 2006 | Euro Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 19 Apr. 2018, http://www.in2013dollars.com/1999-euro-in-2006.