Euro Inflation Calculator
👉 You may be interested in Inflation from 2015 to 2019
Euro Inflation Rate, €100 in 2015 to 2016
According to the European Central Bank consumer price index, prices in 2016 are 0.24% higher than average prices throughout 2015. The euro experienced an average inflation rate of 0.24% per year during this period, meaning the real value of a dollar decreased.
In other words, €100 in 2015 is equivalent in purchasing power to about €100.24 in 2016.
The 2015 inflation rate was 0.03%. The inflation rate in 2016 was 0.24%. The 2016 inflation rate is lower compared to the average inflation rate of 1.33% per year between 2016 and 2019.
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| Average inflation rate | 0.24% |
| Converted amount (€100 base) | €100.24 |
| Price difference (€100 base) | €0.24 |
| CPI in 2015 | 100.000 |
| CPI in 2016 | 100.242 |
| Inflation in 2015 | 0.03% |
| Inflation in 2016 | 0.24% |
How to Calculate Inflation Rate for €100, 2015 to 2016
This inflation calculator uses the following inflation rate formula:
CPI in 2016CPI in 2015
×
2015 EUR value
=
2016 EUR value
Then plug in historical CPI values. The Euro CPI was 100 in the year 2015 and 100.2416667 in 2016:
100.2416667100
×
€100
=
€100.24
€100 in 2015 has the same "purchasing power" or "buying power" as €100.24 in 2016.
To get the total inflation rate for the 1 years between 2015 and 2016, we use the following formula:
CPI in 2016 - CPI in 2015CPI in 2015
×
100
=
Cumulative inflation rate (1 years)
Plugging in the values to this equation, we get:
100.2416667 - 100100
×
100
=
0%
News headlines from 2015
Politics and news often influence economic performance. Here's what was happening at the time:
- Barack Obama and Raul Castro, hold the first meeting between Cuban and American leaders since the Cuban Revolution.
- The population of India reaches 1 billion (officially). The billionth baby was named Astha Arora.
- Donald Trump announces his intention to join the US presidential campaign.
- China brings an end to its one child policy, 35 years after it was first introduced.
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: “2015 euros in 2016 | Euro Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 23 Apr. 2019, https://www.officialdata.org/2015-euro-in-2016.
Special thanks to QuickChart for providing downloadable chart images.
in2013dollars.com is a reference website maintained by the Official Data Foundation.