Euro inflation rate in 2010: 1.61%

Euro Inflation Calculator

Euro Inflation Rate, 2010-2017 (€1)

The consumer price index (CPI) in 2010 was 93.28. 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 1.29% per year. Prices in 2017 are 9.4% higher than prices in 2010.

In other words, €1 in the year 2010 is equivalent to €1.09 in 2017, a difference of €0.09 over 7 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 2010 to 2017
Cumulative price change 9.39%
Average inflation rate 1.29%
Price difference (€1 base) €0.09
CPI in 2010 93.28
CPI in 2017 102.04

Euro inflation chart from 1996 to 2017

How to calculate the inflation rate for €1 since 2010

Start with the inflation rate formula:

CPI in 2017 / CPI in 2010 * 2010 EUR value = 2017 EUR value

Then plug in historical CPI values. The Euro CPI was 93.28 in the year 2010 and 102.04 in 2017:

102.04 / 93.28 * €1 = €1.09

€1 in 2010 has the same "purchasing power" as €1.09 in 2017.

News headlines from 2010

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

  • The Copiapo mining accident in Chile ends, after 33 miners resurface having spent 69 days trapped in the ruins.
  • Big Haiti earthquake kills 230,000 people and leaves most of Port-au-Prince, its capital, in ruins.
  • An explosion on the Deepwater Horizon (a drilling rig), kills 11 people and spills a massive amount of oil into the Gulf of Mexico.
  • The US army abolishes the "Don't Ask Don't Tell" policy, which had banned homosexuals from openly serving in the US military.

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.

» Read more about inflation.