According to the European Central Bank consumer price index, prices in 2019 are 0.78% higher than average prices throughout 2018. The euro experienced an average inflation rate of 0.78% in the last 12 months.
In other words, €100 in 2018 is equivalent in purchasing power to €100.78 in 2019.
The 2018 inflation rate was 1.67%. The current inflation rate (2018 to 2019) is now 0.78%1. If this number holds, €100 today will be equivalent to €100.78 next year.
|Average inflation rate||0.78%|
|Converted amount (€100 base)||€100.78|
|Price difference (€100 base)||€0.78|
|CPI in 2018||103.481|
|CPI in 2019||104.290|
|Inflation in 2018||1.67%|
|Inflation in 2019||0.78%|
This inflation calculator uses the following inflation rate formula:
Then plug in historical CPI values. The Euro CPI was 103.4809091 in the year 2018 and 104.29 in 2019:
€100 in 2018 has the same "purchasing power" or "buying power" as €100.78 in 2019.
To get the total inflation rate for the 1 years between 2018 and 2019, we use the following formula:
Plugging in the values to this equation, we get:
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: “2018 euros today | Euro Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 19 Feb. 2019, https://www.officialdata.org/eu/inflation/2018.
in2013dollars.com is a reference website maintained by the Official Data Foundation.