Euro Inflation Calculator
Euro Inflation Rate, 2016-2018 (€100)
According to the European Central Bank consumer price index, the euro experienced an average inflation rate of 1.08% per year. Prices in 2018 are 2.2% higher than prices in 2016.
In other words, €100 in the year 2016 is equivalent in purchasing power to €102.16 in 2018, a difference of €2.16 over 2 years.
The current inflation rate in 2018 is 0.26%1. If this number holds, €100 today will be equivalent to €100.26 next year.
| Cumulative price change | 2.16% |
| Average inflation rate | 1.08% |
| Price difference (€100 base) | €2.16 |
| CPI in 2016 | 100.1445455 |
| CPI in 2018 | 102.31 |
How to calculate the inflation rate for €100 since 2016
Start with the inflation rate formula:CPI in 2018 / CPI in 2016 * 2016 EUR value = 2018 EUR value
Then plug in historical CPI values. The Euro CPI was 100.1445455 in the year 2016 and 102.31 in 2018:
102.31 / 100.1445455 * €100 = €102.16
€100 in 2016 has the same "purchasing power" as €102.16 in 2018.
News headlines from 2016
Politics and news often influence economic performance. Here's what was happening at the time:
- The United Kingdom votes to leave the European Union in a referendum, prompting Prime Minister David Cameron to resign.
- Donald Trump becomes the 45th President of the United States.
- The World Health Organisation confirms the outbreak of the Zika virus.
- Andrei Karlov, the Russian ambassador to Turkey, is assassinated.
Inflation Data Source
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 2018 | Euro Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 17 Apr. 2018, http://www.in2013dollars.com/2016-euro-in-2018.