Eurozone inflation, measured and applied

Latest 12-month Eurozone HICP inflation: 3.0% (through Apr/2026).

This page measures consumer-price inflation across the euro area using the Harmonised Index of Consumer Prices (HICP), compiled by Eurostat and read here through FRED. The HICP tracks what a representative basket of goods and services costs across the member states that share the euro, aggregated into a single euro-area index. The data run from December 1996 through April 2026.

Adjusting a euro amount by HICP answers one question: what €1,000 from a past year would buy today, in real terms. A price that held steady in euros still lost purchasing power as the basket grew more expensive. The pages below convert any amount from any year in range, so you can see how far the same euros stretch across two decades.

Compounding makes the gap large over time. A few percent a year stacks up, and prices that look modest in an old receipt translate into much higher figures now. Each page gives the exact converted amount for the year you pick, with a year-by-year table behind it, based on data through the latest month available rather than the live present.

The euro began as an accounting currency in 1999 and as cash in 2002; HICP figures before then are back-computed. These are euro-area aggregate consumer-price figures, not one country, and not exchange rates or investment returns.

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Frequently asked questions

Which inflation index does this use?

The Harmonised Index of Consumer Prices (HICP) for the euro area, compiled by Eurostat. It measures consumer-price inflation across the member states sharing the euro, aggregated into one euro-area index, and is read here through FRED.

How far back does the data go?

The euro-area HICP series runs from December 1996 through April 2026. The euro launched as an accounting currency in 1999 and as cash in 2002, so values before then are back-computed. Each page states the month the data runs through.

Does this show investment returns?

No. This is consumer-price inflation, not investment returns and not exchange rates. It shows how much purchasing power a euro amount has gained or lost over time, in real terms. It is not investment advice.

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U.S. inflation

Descriptive, educational content computed from official public data. Not investment advice. Past performance does not guarantee future results.