Euro inflation rate in 2011: 2.72%

Euro Inflation Calculator

Euro Inflation Rate, 2011-2017 (€1)

The consumer price index (CPI) in 2011 was 95.82083333. 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 1.05% per year. Prices in 2017 are 6.5% higher than prices in 2011.

In other words, €1 in the year 2011 is equivalent to €1.06 in 2017, a difference of €0.06 over 6 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 2011 to 2017
Cumulative price change 6.49%
Average inflation rate 1.05%
Price difference (€1 base) €0.06
CPI in 2011 95.82083333
CPI in 2017 102.04

Euro inflation chart from 1996 to 2017

How to calculate the inflation rate for €1 since 2011

Start with the inflation rate formula:

CPI in 2017 / CPI in 2011 * 2011 EUR value = 2017 EUR value

Then plug in historical CPI values. The Euro CPI was 95.82083333 in the year 2011 and 102.04 in 2017:

102.04 / 95.82083333 * €1 = €1.06

€1 in 2011 has the same "purchasing power" as €1.06 in 2017.

News headlines from 2011

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

  • Ben Ali, the president of Tunisia, flees to Saudi Arabia after protests known as the Jasmine Revolution.
  • Fidel Castro resigns from the central committee of Cuban Communist Party after 45 years.
  • Osama bin Laden is killed by US Special Forces in Abbottabad, Pakistan.
  • Norway, is struck by twin terror attacks: a bomb blast targeting government buildings in Oslo, and a massacre at a youth camp on Utøya island

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.