Euro inflation calculator

Are you wondering how much purchasing power your money is losing due to the current inflation? With our personal inflation calculator you can easily determine the effect of euro inflation calculator based on currency depreciation and price increases. Measure the average price change of all goods and services purchased.

The euro had an average inflation rate of 2. This means that today's prices are 1. A euro today only buys The inflation rate in was 1. The current inflation rate compared to last year is now 0. In other words, a euro will pay for fewer items at the store.

Euro inflation calculator

This website requires JavaScript to run properly. Please enable it. This tool is useful to calculate the time value of money based on historical inflation and CPI values. To start, select an amount and two years, or browse the default calculation results. The inflation rate in the Eurozone between and was This means that euro in are equivalent to The average annual inflation rate between these periods was 2. All values are equivalent in terms of purchasing power, which means that for each year the same goods or services could be bought with the indicated amount of money. All calculations are performed in the local currency EUR and using 6 decimal digits. Results show only up to 2 decimal digits to favour readability. Inflation data is provided by governments and international institutions on a monthly basis. There are several ways to calculate the time value of money. Depending on the data available, results can be obtained by using the Consumer Price Index CPI formula or the compound interest formula.

Chapter 1.

The euro had an average inflation rate of 2. This means that today's prices are 5. A euro today only buys Currency values from before Germany began using the Euro are converted for the purpose of these calculations by the OECD. The inflation rate in was 2. The current inflation rate compared to last year is now 4. In other words, a euro will pay for fewer items at the store.

Statistics Insights: Inflation is an interactive publication produced by the European Central Bank and the national central banks of the Eurosystem. The publication aims to make it easier to understand, use and compare euro area and national statistics. It presents the statistics visually, catering for colour blindness, uses reader-friendly terms, is digitally reusable via the embed function and is available in 23 EU languages. The data are updated in real time and available from the Statistical Data Warehouse. The inflation data are produced by Eurostat, together with the national statistical institutes, and are available here. The data for the second chart in Section 3. In no event shall the authors or copyright holders be liable for any claim, damages or other liability, whether in an action of contract, tort or otherwise, arising from, out of or in connection with the Software or the use of or other dealings in the Software.

Euro inflation calculator

The main task of the ECB is to maintain price stability. That means the change over time in the prices of consumer goods and services purchased by euro area households. This ensures that the data for one country can be compared with the data for another. The HICP is compiled by Eurostat and the national statistical institutes in accordance with harmonised statistical methods. The inflation rate is also used in assessing whether a country is ready to join the euro area.

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Value of Euro over time by year Period Value Certificate Saving. Certificates - explained! Contact Language Open submenu. Our inflation calculator determines the future price of products and your future purchasing power. A euro today only buys The current inflation rate compared to last year is now 4. Then plug in historical CPI values. What is "Future purchase power"? The data are updated in real time and available from the Statistical Data Warehouse. With prices steadily rising, you might be wondering what the current inflation means for your savings. See inflation summary for latest month trailing value. Factor Certificates. End year. In Subscription.

The euro had an average inflation rate of 2. This means that today's prices are 1.

Austria Germany CEE. Ian earned his degree in Computer Science from Dartmouth College. Certificates - explained! Express Certificates. Central Bank of Ireland. Calculate now. Australia Europe More. Not final. This conversion table shows various other amounts in today's euros, based on the Inflation is determined monthly by Statistics Austria using a representative basket of goods. Information on data The data are updated in real time and available from the Statistical Data Warehouse. The data for the second chart in Section 3. Results show only up to 2 decimal digits to favour readability.