€100 in 2008 → €111.23 in 2017

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Euro Inflation Rate, €100 in 2008 to 2017

According to the European Central Bank consumer price index, the euro experienced an average inflation rate of 1.19% per year. Prices in 2017 are 11.2% higher than prices in 2008.

In other words, €100 in 2008 is equivalent in purchasing power to €111.23 in 2017, a difference of €11.23 over 9 years.

The inflation rate in 2017 was 1.54%.

Inflation from 2008 to 2017
Cumulative price change 11.23%
Average inflation rate 1.19%
Converted amount (€100 base) €111.23
Price difference (€100 base) €11.23
CPI in 2008 91.50833333
CPI in 2017 101.7816667


Euro inflation chart from 1996 to 2017


How to calculate the inflation rate for €100, 2008 to 2017

This inflation calculator uses the following inflation rate formula:

CPI in 2017 / CPI in 2008 * 2008 EUR value = 2017 EUR value

Then plug in historical CPI values. The Euro CPI was 91.50833333 in the year 2008 and 101.7816667 in 2017:

101.7816667 / 91.50833333 * €100 = €111.23

€100 in 2008 has the same "purchasing power" or "buying power" as €111.23 in 2017.


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 2017 | Euro Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 14 Jun. 2018, https://www.officialdata.org/2008-euro-in-2017.


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