Euro inflation rate in 2014: 0.43%

Euro Inflation Calculator

Euro Inflation Rate, 2014-2017 (€1)

The consumer price index (CPI) in 2014 was 99.9675. 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 0.69% per year. Prices in 2017 are 2.1% higher than prices in 2014.

In other words, €1 in the year 2014 is equivalent to €1.02 in 2017, a difference of €0.02 over 3 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 2014 to 2017
Cumulative price change 2.07%
Average inflation rate 0.69%
Price difference (€1 base) €0.02
CPI in 2014 99.9675
CPI in 2017 102.04

Euro inflation chart from 1996 to 2017

How to calculate the inflation rate for €1 since 2014

Start with the inflation rate formula:

CPI in 2017 / CPI in 2014 * 2014 EUR value = 2017 EUR value

Then plug in historical CPI values. The Euro CPI was 99.9675 in the year 2014 and 102.04 in 2017:

102.04 / 99.9675 * €1 = €1.02

€1 in 2014 has the same "purchasing power" as €1.02 in 2017.

News headlines from 2014

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

  • Violent protests erupt in Kiev, leading to clashes between protestors and riot police: President Viktor Yanukovych is ousted five days later.
  • Russia formally annexes Crimea amid international condemnation.
  • ISIS forces occupy government buildings and other key strategic locations in the city of Mosul.
  • Malasya Airlines Flight 17 shot down by pro-Russian separatists in Eastern Ukraine by a Buk surface-to-air missile. All 283 passengers and 15 crew were killed.

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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