€100 in 2016 is equivalent in purchasing power to about €101.71 in 2017. The euro had an average inflation rate of 1.71% per year between 2016 and 2017, producing a cumulative price increase of 1.71%.
This means that prices in 2017 are 1.02 times as high as average prices since 2016, according to the European Central Bank consumer price index.
The inflation rate in 2016 was 0.25%. The inflation rate in 2017 was 1.71%. The 2017 inflation rate is lower compared to the average inflation rate of 3.28% per year between 2017 and 2024.
Average inflation rate | 1.71% |
Converted amount €100 base | €101.71 |
Price difference €100 base | €1.71 |
CPI in 2016 | 100.245 |
CPI in 2017 | 101.963 |
Inflation in 2016 | 0.25% |
Inflation in 2017 | 1.71% |
€100 in 2016 | €101.71 in 2017 |
Our calculations use the following inflation rate formula to calculate the change in value between 2016 and 2017:
Then plug in historical CPI values. The Euro CPI was 100.245 in the year 2016 and 101.9633333 in 2017:
€100 in 2016 has the same "purchasing power" or "buying power" as €101.71 in 2017.
To get the total inflation rate for the 1 years between 2016 and 2017, we use the following formula:
Plugging in the values to this equation, we get:
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: “2016 euros in 2017 | Euro Inflation Calculator.” Official Inflation Data, Alioth Finance, 29 Mar. 2024, https://www.officialdata.org/2016-euro-in-2017.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
in2013dollars.com is a reference website maintained by the Official Data Foundation.
Average inflation rate | 1.71% |
Converted amount €100 base | €101.71 |
Price difference €100 base | €1.71 |
CPI in 2016 | 100.245 |
CPI in 2017 | 101.963 |
Inflation in 2016 | 0.25% |
Inflation in 2017 | 1.71% |
€100 in 2016 | €101.71 in 2017 |