# €100 in 2005 → €107.91 in 2008

## Euro Inflation Calculator

### Euro Inflation Rate, 2005-2008 (€100)

According to the European Central Bank consumer price index, the euro experienced an average inflation rate of 2.57% per year. Prices in 2008 are 7.9% higher than prices in 2005.

In other words, €100 in the year 2005 is equivalent in purchasing power to €107.91 in 2008, a difference of €7.91 over 3 years.

The inflation rate in 2008 was 3.34%.

 Cumulative price change 7.91% Average inflation rate 2.57% Price difference (€100 base) €7.91 CPI in 2005 84.80166667 CPI in 2008 91.50833333

### How to calculate the inflation rate for €100, 2005 to 2008

This inflation calculator uses the following inflation rate formula:

CPI in 2008 / CPI in 2005 * 2005 EUR value = 2008 EUR value

Then plug in historical CPI values. The Euro CPI was 84.80166667 in the year 2005 and 91.50833333 in 2008:

91.50833333 / 84.80166667 * €100 = €107.91

€100 in 2005 has the same "purchasing power" as €107.91 in 2008.

### News headlines from 2005

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

• Egyptian President Hosni Mubarak asks Parliament to amend Article 76 and orders constitutional changes in order to allow multi-candidate presidential elections.
• Syria's 29-year-long military domination of Lebanon ends, after it withdraws the last of its 14,000 troops under international pressure.
• A coordinated bomb attack hits London's public transport system, during the morning rush hour, killing 52 and injuring a further 700 people.
• Angela Merkel becomes first female Chancellor of Germany.

### 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: “2005 euros in 2008 | Euro Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 23 May. 2018, https://www.officialdata.org/2005-euro-in-2008.