Euro Inflation Calculator
Euro Inflation Rate, €100 in 2001 to 2013
According to the European Central Bank consumer price index, prices in 2013 are 28.01% higher than average prices throughout 2001. The euro experienced an average inflation rate of 2.08% per year during this period, meaning the real value of a dollar decreased.
In other words, €100 in 2001 is equivalent in purchasing power to about €128.01 in 2013, a difference of €28.01 over 12 years.
The 2001 inflation rate was 2.41%. The inflation rate in 2013 was 1.35%. The 2013 inflation rate is higher compared to the average inflation rate of 0.78% per year between 2013 and 2019.
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| Cumulative price change | 28.01% |
| Average inflation rate | 2.08% |
| Converted amount (€100 base) | €128.01 |
| Price difference (€100 base) | €28.01 |
| CPI in 2001 | 77.760 |
| CPI in 2013 | 99.538 |
| Inflation in 2001 | 2.41% |
| Inflation in 2013 | 1.35% |
Buying power of €100 in 2001
This chart shows calculation of buying power equivalence, often referred to as "the value of a euro" over time for €100 in 2001 (price index tracking began in 1996).
According to the European Central Bank, each of these EUR amounts below is equal in terms of what it could buy at the time:
How to Calculate Inflation Rate for €100, 2001 to 2013
This inflation calculator uses the following inflation rate formula:
CPI in 2013CPI in 2001
×
2001 EUR value
=
2013 EUR value
Then plug in historical CPI values. The Euro CPI was 77.76 in the year 2001 and 99.53833333 in 2013:
99.5383333377.76
×
€100
=
€128.01
€100 in 2001 has the same "purchasing power" or "buying power" as €128.01 in 2013.
To get the total inflation rate for the 12 years between 2001 and 2013, we use the following formula:
CPI in 2013 - CPI in 2001CPI in 2001
×
100
=
Cumulative inflation rate (12 years)
Plugging in the values to this equation, we get:
99.53833333 - 77.7677.76
×
100
=
28%
News headlines from 2001
Politics and news often influence economic performance. Here's what was happening at the time:
- The Netherlands becomes the first country to legalize same sex marriage.
- Two passenger planes are hijacked by terrorists who then crash them into New York's Twin Towers, killing 2,752 people.
- Another plane is crashed into the Pentagon killing 125 people.
- George W Bush establishes The Department of Homeland Security.
Data Source & Citation
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: “2001 euros in 2013 | Euro Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 24 Jun. 2019, https://www.officialdata.org/2001-euro-in-2013.
Special thanks to QuickChart for providing downloadable chart images.
in2013dollars.com is a reference website maintained by the Official Data Foundation.
| Cumulative price change | 28.01% |
| Average inflation rate | 2.08% |
| Converted amount (€100 base) | €128.01 |
| Price difference (€100 base) | €28.01 |
| CPI in 2001 | 77.760 |
| CPI in 2013 | 99.538 |
| Inflation in 2001 | 2.41% |
| Inflation in 2013 | 1.35% |