Euro inflation rate in 2017: 1.89%

Euro Inflation Calculator

Euro Inflation Rate, 2017-2018 (€1)

The consumer price index (CPI) in 2017 was 102.04. the European Central Bank uses this CPI value to track inflation on a monthly basis.

According to the European Central Bank consumer price index, the euro experienced an average inflation rate of 0.26% per year. Prices in 2018 are 0.3% higher than prices in 2017.

In other words, €1 in the year 2017 is equivalent in purchasing power to €1.00 in 2018, a difference of €0.00 over 1 years.

The current inflation rate in 2018 is 0.26%1. If this number holds, €1 today will be equivalent to €1.00 next year.

Inflation from 2017 to 2018
Cumulative price change 0.26%
Average inflation rate 0.26%
Price difference (€1 base) €0.00
CPI in 2017 102.04
CPI in 2018 102.31


Euro inflation chart from 1996 to 2017


How to calculate the inflation rate for €1 since 2017

Start with the inflation rate formula:

CPI in 2018 / CPI in 2017 * 2017 EUR value = 2018 EUR value

Then plug in historical CPI values. The Euro CPI was 102.04 in the year 2017 and 102.31 in 2018:

102.31 / 102.04 * €1 = €1.00

€1 in 2017 has the same "purchasing power" as €1.00 in 2018.


News headlines from 2017

Politics and news often influence economic performance. Here's what was happening at the time:

  • Donald Trump sworn in as the 45th president of the United States.
  • Hurricanes Harvey and Irma strike southeast Texas and Florida, causing extensive flooding and damage.
  • Gunman kills 58 people at a Las Vegas concert, making it the deadliest mass shooting in modern U.S. history.
  • North Korea tests a hydrogen bomb and over a dozen ballistic missiles amidst soaring tensions with the U.S.

Inflation Data Source

Raw data for these calculations comes from 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.

You may use the following MLA citation for this page: “Inflation Rate in 2017 | Euro Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 17 Apr. 2018, http://www.in2013dollars.com/Euro-inflation-rate-in-2017.


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