Inflation adjust allowances 2022

[zupo]

Base values:

• allowance: €125
• local conf day: €40
• international conf day: €150
• intercontinental conf day: €250

They were set in 2017. Each year we add Eurozone inflation for 2018, 2019, 2020, 2021 and round to 5€.
We take the value for Year-on-Year value in November, from
https://tradingeconomics.com/euro-area/inflation-cpi.

• allowance: €125 + 1.67% + 1% + -0.3% + 4.9% == €133.32 -> €135
• founders allowance: €250 + 1.67% + 1% + -0.3% + 4.9% == €266.63 -> €265
• local conf day: €40 + 1.67% + 1% + -0.3% + 4.9% == €42.67 -> €45
• international conf day: €150 + 1.67% + 1% + -0.3% + 4.9% == €159.98 -> €160
• intercontinental conf day: €250 + 1.67% + 1% + -0.3% + 4.9% == €266.63 -> €265

Then from € values we calculate $ values, based on 1st of January exchange rate: 1.137145. Again, rounded to $5.

• yearly allowance boost: €1000 == $1137.14 -> $1135
• allowance: €135 == $153.51 -> $150
• local conf day: €45 == $51.17 -> $50
• international conf day: €160 == $181.94 -> $180
• intercontinental conf day: €265 == $301.34 -> $300

Ref: Inflation adjust allowances 2021 (#269)

[zupo]

Notice how the € values went up, while $ stayed the same, or even came back down a bit. This is due to much stronger USD compared to last January.

[zupo]

@dmurko: please revert moving the symbol. It should be in front.

The European Union’s Interinstitutional Style Guide (for EU staff) states that the euro sign should be placed in front of the amount without any space in English, but after the amount in most other languages.[7][8][9][10][11]

source: https://en.wikipedia.org/wiki/Euro_sign