According to the European Central Bank consumer price index, prices in 2001 are 2.41% higher than average prices throughout 2000. The euro experienced an average inflation rate of 2.41% per year during this period, meaning the real value of a dollar decreased.
In other words, €100 in 2000 is equivalent in purchasing power to about €102.41 in 2001.
The 2000 inflation rate was 2.18%. The inflation rate in 2001 was 2.41%. The 2001 inflation rate is higher compared to the average inflation rate of 1.64% per year between 2001 and 2019.
|Average inflation rate||2.41%|
|Converted amount (€100 base)||€102.41|
|Price difference (€100 base)||€2.41|
|CPI in 2000||75.928|
|CPI in 2001||77.760|
|Inflation in 2000||2.18%|
|Inflation in 2001||2.41%|
This inflation calculator uses the following inflation rate formula:
Then plug in historical CPI values. The Euro CPI was 75.9275 in the year 2000 and 77.76 in 2001:
€100 in 2000 has the same "purchasing power" or "buying power" as €102.41 in 2001.
To get the total inflation rate for the 1 years between 2000 and 2001, we use the following formula:
Plugging in the values to this equation, we get:
Politics and news often influence economic performance. Here's what was happening at the time:
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: “2000 euros in 2001 | Euro Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 24 Apr. 2019, https://www.officialdata.org/2000-euro-in-2001.
Special thanks to QuickChart for providing downloadable chart images.
in2013dollars.com is a reference website maintained by the Official Data Foundation.