Euro inflation rate in 2001: 2.41%

Euro Inflation Calculator

Euro Inflation Rate, 2001-2017 (€1)

The consumer price index (CPI) in 2001 was 77.76. the European Central Bank uses this CPI value to track inflation on a monthly basis.

According to the European Central Bank, the euro experienced an average inflation rate of 1.71% per year. Prices in 2017 are 31.2% higher than prices in 2001.

In other words, €1 in the year 2001 is equivalent to €1.31 in 2017, a difference of €0.31 over 16 years.

The current inflation rate in 2017 is 1.89%1. If this number holds, €1 today will be equivalent to €1.02 next year.

Inflation from 2001 to 2017
Cumulative price change 31.22%
Average inflation rate 1.71%
Price difference (€1 base) €0.31
CPI in 2001 77.76
CPI in 2017 102.04


Euro inflation chart from 1996 to 2017


How to calculate the inflation rate for €1 since 2001

Start with the inflation rate formula:

CPI in 2017 / CPI in 2001 * 2001 EUR value = 2017 EUR value

Then plug in historical CPI values. The Euro CPI was 77.76 in the year 2001 and 102.04 in 2017:

102.04 / 77.76 * €1 = €1.31

€1 in 2001 has the same "purchasing power" as €1.31 in 2017.


News headlines from 2001

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

  • The Netherlands becomes the first country to legalize same sex marriage.
  • Two passenger planes are hijacked by terrorists who then crash them into New York's Twin Towers, killing 2,752 people.
  • Another plane is crashed into the Pentagon killing 125 people.
  • George W Bush establishes The Department of Homeland Security.

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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