€100 in 2008 → €107.33 in 2012

Euro Inflation Calculator

Euro Inflation Rate, €100 in 2008 to 2012

According to the European Central Bank consumer price index, the euro experienced an average inflation rate of 1.78% per year. Prices in 2012 are 7.3% higher than prices in 2008.

In other words, €100 in 2008 is equivalent in purchasing power to €107.33 in 2012, a difference of €7.33 over 4 years.

The inflation rate in 2012 was 2.50%.

Inflation from 2008 to 2012
Cumulative price change 7.33%
Average inflation rate 1.78%
Converted amount (€100 base) €107.33
Price difference (€100 base) €7.33
CPI in 2008 91.50833333
CPI in 2012 98.215


Euro inflation chart from 1996 to 2017


How to calculate the inflation rate for €100, 2008 to 2012

This inflation calculator uses the following inflation rate formula:

CPI in 2012 / CPI in 2008 * 2008 EUR value = 2012 EUR value

Then plug in historical CPI values. The Euro CPI was 91.50833333 in the year 2008 and 98.215 in 2012:

98.215 / 91.50833333 * €100 = €107.33

€100 in 2008 has the same "purchasing power" or "buying power" as €107.33 in 2012.


News headlines from 2008

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

  • Black Monday: stock markets crash all over the globe, resulting in enormous drops in global stock markets and halts in trading.
  • Fidel Castro retires as Cuban President due to ill health, after nearly 50 years in power.
  • Barak Obama becomes the first African American to receive the presidential nomination of his party.

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: “2008 euros in 2012 | Euro Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 14 Jun. 2018, https://www.officialdata.org/2008-euro-in-2012.


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