The annual inflation rate in Greece rose to 5.7% in October 2026, its highest level since February 2023, up from 5% in September. Inflation accelerated in housing and utilities (15.1% vs 14.7%), transportation (13.8% vs 11.3%), recreation and culture (2.1% vs 1.6%), and clothing and footwear (3.8% vs 0.3%). Meanwhile, price growth stood at 2.9% for education and 3.5% for insurance and financial services. By contrast, inflation moderated for furnishings and household equipment (0.4% vs 0.6%) and restaurants and hotels (5.8% vs 6.9%). Prices fell further for information and communication (-2.2% vs -1.9%), while alcoholic beverages and tobacco moved into deflation (-0.2% vs 0%). From the previous month, consumer prices rose by 0.7% in October, slowing from a 2.1% increase in September. source: National Statistical Service of Greece
Inflation Rate in Greece increased to 5.70 percent in October from 5 percent in September of 2026. Inflation Rate in Greece averaged 7.70 percent from 1960 until 2026, reaching an all time high of 33.70 percent in January of 1974 and a record low of -2.90 percent in November of 2013. This page provides the latest reported value for - Greece Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Greece Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on November of 2026.
Inflation Rate in Greece increased to 5.70 percent in October from 5 percent in September of 2026. Inflation Rate in Greece is expected to be 4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Greece Inflation Rate is projected to trend around 2.20 percent in 2027 and 2.30 percent in 2028, according to our econometric models.