€100 in 2004 → €110.28 in 2008

Euro Inflation Calculator

Euro Inflation Rate, 2004-2008 (€100)

According to the European Central Bank, the euro experienced an average inflation rate of 2.48% per year. Prices in 2008 are 10.3% higher than prices in 2004.

In other words, €100 in the year 2004 is equivalent to €110.28 in 2008, a difference of €10.28 over 4 years.

The inflation rate in 2008 was 3.34%.

Inflation from 2004 to 2008
Cumulative price change 10.28%
Average inflation rate 2.48%
Price difference (€100 base) €10.28
CPI in 2004 82.97833333
CPI in 2008 91.50833333


Euro inflation chart from 1996 to 2017


How to calculate the inflation rate for €100, 2004 to 2008

Start with the inflation rate formula:

CPI in 2008 / CPI in 2004 * 2004 EUR value = 2008 EUR value

Then plug in historical CPI values. The Euro CPI was 82.97833333 in the year 2004 and 91.50833333 in 2008:

91.50833333 / 82.97833333 * €100 = €110.28

€100 in 2004 has the same "purchasing power" as €110.28 in 2008.


News headlines from 2004

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

  • The Humanitarian Ceasefire Agreement is signed by the Sudanese government and two rebel groups.
  • Massachusetts becomes the first United States state to legalize same-sex marriage.
  • The Indonesian elections are won by Susilo Bambang Yudhoyono.

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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