Euro inflation rate in 2006: 2.21%

Euro Inflation Calculator

Euro Inflation Rate, 2006-2017 (€1)

The consumer price index (CPI) in 2006 was 86.67166667. 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 1.50% per year. Prices in 2017 are 17.7% higher than prices in 2006.

In other words, €1 in the year 2006 is equivalent to €1.18 in 2017, a difference of €0.18 over 11 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 2006 to 2017
Cumulative price change 17.73%
Average inflation rate 1.50%
Price difference (€1 base) €0.18
CPI in 2006 86.67166667
CPI in 2017 102.04


Euro inflation chart from 1996 to 2017


How to calculate the inflation rate for €1 since 2006

Start with the inflation rate formula:

CPI in 2017 / CPI in 2006 * 2006 EUR value = 2017 EUR value

Then plug in historical CPI values. The Euro CPI was 86.67166667 in the year 2006 and 102.04 in 2017:

102.04 / 86.67166667 * €1 = €1.18

€1 in 2006 has the same "purchasing power" as €1.18 in 2017.


News headlines from 2006

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

  • Nepali security forces injure 243 pro-democracy protesters.
  • North Kora is alleged to have tested its first nuclear device.

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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