Your 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 inflation based on currency depreciation and price increases.
Measure the average price change of all goods and services purchased
Fill the following information
How to use the inflation calculator
Our inflation calculator determines the future price of products and your future purchasing power. All you have to do is enter the following data:
- Choose your original amount which should be used to calculate inflation
- Declare the inflation rate in percent (maximum 30%)
- Choose the period in which inflation should be considered (maximum 100 years)
What is inflation?
Inflation is an economic phenomenon in which there is a general increase in the prices of goods and services while the purchasing power of money decreases. This means that money becomes worth less, as fewer goods and services can be bought for the same amount of money.
How does inflation arise?
Inflation occurs when there is more money in circulation than goods and services are available. When there is too much money competing for the limited amount of goods and services, prices go up. This can be caused by various factors such as higher demand for goods and services, rising production costs, a devaluation of the currency or a more accommodative monetary policy on the part of the central bank.
What happens to my cash in the event of inflation?
When inflation occurs, cash loses purchasing power as the prices of goods and services rise. In other words, the same money becomes worth less and can buy less. For example, if you have 100 euro and inflation is 5%, you can only buy 95 euro worth of goods and services at the end of the year. You can test other scenarios with our inflation calculator.
What is "Future Price"?
The "Future Price" result field shows you the price of any product based on the selected original amount over the selected number of years.
What is "Future purchase power"?
Future purchasing power refers to the amount of goods and services that can be purchased with your original amount in the future.
Learn more about inflation
With prices steadily rising, you might be wondering what the current inflation means for your savings. Here you’ll learn about the effects of inflation on your personal finances.
When is an economy at risk of stagflation? And what does that mean exactly? Here, find out what the term means, the consequences of stagflation, and why some might even benefit from it.
Milka bars have been getting smaller, but cost the same. And there’s a word for that: shrinkflation. We’ll help you understand this phenomenon, and what you can do to avoid paying more for less.
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