€100 in 2008 → €109.44 in 2016

Euro Inflation Calculator

Euro Inflation Rate, 2008-2016 (€100)

According to the European Central Bank, the euro experienced an average inflation rate of 1.13% per year. Prices in 2016 are 9.4% higher than prices in 2008.

In other words, €100 in the year 2008 is equivalent to €109.44 in 2016, a difference of €9.44 over 8 years.

The inflation rate in 2016 was 0.14%.

Inflation from 2008 to 2016
Cumulative price change 9.44%
Average inflation rate 1.13%
Price difference (€100 base) €9.44
CPI in 2008 91.50833333
CPI in 2016 100.1445455


Euro inflation chart from 1996 to 2017


How to calculate the inflation rate for €100, 2008 to 2016

Start with the inflation rate formula:

CPI in 2016 / CPI in 2008 * 2008 EUR value = 2016 EUR value

Then plug in historical CPI values. The Euro CPI was 91.50833333 in the year 2008 and 100.1445455 in 2016:

100.1445455 / 91.50833333 * €100 = €109.44

€100 in 2008 has the same "purchasing power" as €109.44 in 2016.


News headlines from 2008

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

  • Black Monday: stock markets crash all over the globe, resulting in enormous drops in global stock markets and halts in trading.
  • Fidel Castro retires as Cuban President due to ill health, after nearly 50 years in power.
  • Barak Obama becomes the first African American to receive the presidential nomination of his party.

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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