Euro inflation rate in 2016: 0.14%

Euro Inflation Calculator

Euro Inflation Rate, 2016-2017 (€1)

The consumer price index (CPI) in 2016 was 100.1445455. 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 1.89% per year. Prices in 2017 are 1.9% higher than prices in 2016.

In other words, €1 in the year 2016 is equivalent to €1.02 in 2017, a difference of €0.02 over 1 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 2016 to 2017
Cumulative price change 1.89%
Average inflation rate 1.89%
Price difference (€1 base) €0.02
CPI in 2016 100.1445455
CPI in 2017 102.04


Euro inflation chart from 1996 to 2017


How to calculate the inflation rate for €1 since 2016

Start with the inflation rate formula:

CPI in 2017 / CPI in 2016 * 2016 EUR value = 2017 EUR value

Then plug in historical CPI values. The Euro CPI was 100.1445455 in the year 2016 and 102.04 in 2017:

102.04 / 100.1445455 * €1 = €1.02

€1 in 2016 has the same "purchasing power" as €1.02 in 2017.


News headlines from 2016

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

  • The United Kingdom votes to leave the European Union in a referendum, prompting Prime Minister David Cameron to resign.
  • Donald Trump becomes the 45th President of the Unites States.
  • The World Health Organisation confirms the outbreak of the Zika virus.
  • Andrei Karlov, the Russian ambassador to Turkey, is assassinated.

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.