According to the European Central Bank consumer price index, prices in 2014 are 0.43% higher than average prices throughout 2013. The euro experienced an average inflation rate of 0.43% per year during this period.
In other words, €100 in 2013 is equivalent in purchasing power to €100.43 in 2014.
The 2013 inflation rate was 1.35%. The inflation rate in 2014 was 0.43%. The 2014 inflation rate is lower compared to the average inflation rate of 0.85% per year between 2014 and 2019.
|Average inflation rate||0.43%|
|Converted amount (€100 base)||€100.43|
|Price difference (€100 base)||€0.43|
|CPI in 2013||99.538|
|CPI in 2014||99.968|
|Inflation in 2013||1.35%|
|Inflation in 2014||0.43%|
This inflation calculator uses the following inflation rate formula:
Then plug in historical CPI values. The Euro CPI was 99.53833333 in the year 2013 and 99.9675 in 2014:
€100 in 2013 has the same "purchasing power" or "buying power" as €100.43 in 2014.
To get the total inflation rate for the 1 years between 2013 and 2014, 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: “2013 euros in 2014 | Euro Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 21 Feb. 2019, https://www.officialdata.org/2013-euro-in-2014.
in2013dollars.com is a reference website maintained by the Official Data Foundation.