€100 in 2010 is worth €102.72 in 2011

Value of €100 from 2010 to 2011

According to the European Central Bank consumer price index, prices in 2011 are 2.72% higher than average prices since 2010. The Euro experienced an average inflation rate of 2.72% per year during this period, causing the real value of a euro to decrease.

In other words, €100 in 2010 is equivalent in purchasing power to about €102.72 in 2011.

The 2010 inflation rate was 1.61%. The inflation rate in 2011 was 2.72%. The 2011 inflation rate is higher compared to the average inflation rate of 1.11% per year between 2011 and 2020.

 Average inflation rate 2.72% Converted amount (€100 base) €102.72 Price difference (€100 base) €2.72 CPI in 2010 93.280 CPI in 2011 95.821 Inflation in 2010 1.61% Inflation in 2011 2.72%

EUR Inflation since 1996
Annual Rate, the European Central Bank CPI

How to Calculate Inflation Rate for €100, 2010 to 2011

Our calculations use the following inflation rate formula to calculate the change in value between 2010 and 2011:

CPI in 2011 CPI in 2010
×
2010 EUR value
=
2011 EUR value

Then plug in historical CPI values. The Euro CPI was 93.28 in the year 2010 and 95.82083333 in 2011:

95.8208333393.28
×
€100
=
€102.72

€100 in 2010 has the same "purchasing power" or "buying power" as €102.72 in 2011.

To get the total inflation rate for the 1 years between 2010 and 2011, we use the following formula:

CPI in 2011 - CPI in 2010CPI in 2010
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

95.82083333 - 93.2893.28
×
100
=
3%

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

• The Copiapo mining accident in Chile ends, after 33 miners resurface having spent 69 days trapped in the ruins.
• Big Haiti earthquake kills 230,000 people and leaves most of Port-au-Prince, its capital, in ruins.
• An explosion on the Deepwater Horizon (a drilling rig), kills 11 people and spills a massive amount of oil into the Gulf of Mexico.
• The US army abolishes the "Don't Ask Don't Tell" policy, which had banned homosexuals from openly serving in the US military.

Data Source & Citation

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: “€100 in 2010 → 2011 | Euro Inflation Calculator.” Official Inflation Data, Alioth Finance, 15 Aug. 2020, https://www.officialdata.org/2010-euro-in-2011?amount=100.

Special thanks to QuickChart for their chart image API, which is used for chart downloads.

in2013dollars.com is a reference website maintained by the Official Data Foundation.