Euro inflation rate in 2011: 2.72%

Euro Inflation Calculator

Inflation since 2011 and its effect on euro value

The consumer price index (CPI) in 2011 was 95.82083333. It was 93.28 in the previous year. This change in CPI is used by the European Central Bank to calculate inflation.

According to the European Central Bank consumer price index, the euro experienced an average inflation rate of 1.08% per year. Prices in 2018 are 7.8% higher than prices in 2011.

In other words, €100 in 2011 is equivalent in purchasing power to €107.82 in 2018, a difference of €7.82 over 7 years.

The current inflation rate is now 1.50%1. If this number holds, €100 today will be equivalent to €101.50 next year.

Inflation from 2011 to 2018
Cumulative price change 7.82%
Average inflation rate 1.08%
Converted amount (€100 base) €107.82
Price difference (€100 base) €7.82
CPI in 2011 95.82083333
CPI in 2018 103.31


Euro inflation chart from 1996 to 2017


How to calculate the inflation rate for €100 since 2011

This inflation calculator uses the following inflation rate formula:

CPI in 2018 / CPI in 2011 * 2011 EUR value = 2018 EUR value

Then plug in historical CPI values. The Euro CPI was 95.82083333 in the year 2011 and 103.31 in 2018:

103.31 / 95.82083333 * €100 = €107.82

€100 in 2011 has the same "purchasing power" or "buying power" as €107.82 in 2018.


Here are calculations of buying power over time for €100 in 2011 (price index tracking began in 1996). Each of these EUR amounts below is equivalent in terms of what it could buy at the time:
Year EUR Value Inflation Rate
2011 €100.00 2.72%
2012 €102.50 2.50%
2013 €103.88 1.35%
2014 €104.33 0.43%
2015 €104.36 0.03%
2016 €104.61 0.24%
2017 €106.22 1.54%
2018 €107.82 1.50%*
* Not final. See inflation summary for latest details.

News headlines from 2011

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

  • Ben Ali, the president of Tunisia, flees to Saudi Arabia after protests known as the Jasmine Revolution.
  • Fidel Castro resigns from the central committee of Cuban Communist Party after 45 years.
  • Osama bin Laden is killed by US Special Forces in Abbottabad, Pakistan.
  • Norway, is struck by twin terror attacks: a bomb blast targeting government buildings in Oslo, and a massacre at a youth camp on Utøya island

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: “Inflation Rate in 2011 | Euro Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 14 Jun. 2018, https://www.officialdata.org/Euro-inflation-rate-in-2011.


» Read more about inflation.