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    3. Inflation

    Inflation Calculator

    Calculate how inflation affects the purchasing power of money over time. Uses official Eurostat HICP data for the Eurozone.

    Enter data

    1.000,00 €
    1000

    Period selected: 14 years

    Data source

    This calculator uses the Harmonised Index of Consumer Prices (HICP) for the Eurozone, published by Eurostat. HICP measures the change in prices of a representative basket of consumer goods and services purchased by households.

    Eurostat HICP Database

    How the Calculation Works

    The calculator multiplies your initial amount by each year's inflation rate cumulatively. This compound effect means that inflation over many years has a larger impact than simple addition of yearly rates.

    Formula::

    Vfinal = Vinitial × (1 + r1) × (1 + r2) × ... × (1 + rn)

    Where r₁, r₂, etc. are the annual inflation rates for each year in decimal form (e.g., 2% = 0.02).

    Equivalent value in 2024
    1.342,50 €

    1.000,00 € in 2010 has the same buying power as this amount today

    Total inflation

    +34.2%

    Annual average

    2.13%

    Purchasing Power Lost

    -255,12 €

    Real Value Today

    744,88 €

    Historical Inflation Rates

    The dashed line shows the ECB's 2% inflation target

    Value Progression Over Time

    Important Considerations

    Inflation varies by country and personal spending habits. This calculator uses Eurozone averages. Your actual experience may differ based on what goods and services you purchase. Consider inflation when planning long-term savings and investments.

    Frequently Asked Questions

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    These calculations are for informational purposes only and do not constitute financial, tax, or legal advice. Consult a qualified professional for your specific situation.

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