€100 in 2016 → €101.89 in 2017

Euro Inflation Calculator

Euro Inflation Rate, 2016-2017 (€100)

According to the European Central Bank consumer price index, the euro experienced an average inflation rate of 1.89% per year. Prices in 2017 are 1.9% higher than prices in 2016.

In other words, €100 in the year 2016 is equivalent in purchasing power to €101.89 in 2017, a difference of €1.89 over 1 years.

The inflation rate in 2017 was 1.89%.

 Cumulative price change 1.89% Average inflation rate 1.89% Price difference (€100 base) €1.89 CPI in 2016 100.1445455 CPI in 2017 102.04

How to calculate the inflation rate for €100, 2016 to 2017

This inflation calculator uses the following inflation rate formula:

CPI in 2017 / CPI in 2016 * 2016 EUR value = 2017 EUR value

Then plug in historical CPI values. The Euro CPI was 100.1445455 in the year 2016 and 102.04 in 2017:

102.04 / 100.1445455 * €100 = €101.89

€100 in 2016 has the same "purchasing power" as €101.89 in 2017.

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

• The United Kingdom votes to leave the European Union in a referendum, prompting Prime Minister David Cameron to resign.
• Donald Trump becomes the 45th President of the United States.
• The World Health Organisation confirms the outbreak of the Zika virus.
• Andrei Karlov, the Russian ambassador to Turkey, is assassinated.

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: “2016 euros in 2017 | Euro Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 24 May. 2018, https://www.officialdata.org/2016-euro-in-2017.