Greece Inflation Rate  1960-2016 | Data | Chart | Calendar | Forecast

Consumer prices in Greece declined 0.9 percent year-on-year in May of 2016 following a 1.3 percent drop in the previous period and marking the 39th straight month of deflation. Biggest downward pressure came from housing (prices down 4.6 percent) and transport (prices down 4.8 percent). In contrast, upward pressure came mainly from cost of hotels, cafés and restaurants (prices up 2.7 percent) and food and non-alcoholic beverages (prices up 0.8 percent). On a monthly basis, consumer prices were down 0.4 percent, reversing from a 0.7 percent rise in April. Inflation Rate in Greece averaged 8.73 percent from 1960 until 2016, 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. Inflation Rate in Greece is reported by the National Statistical Service of Greece.

Greece Inflation Rate
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Actual Previous Highest Lowest Dates Unit Frequency
-0.90 -1.30 33.70 -2.90 1960 - 2016 percent Monthly
In Greece, the most important categories in the consumer price index are: food and non-alcoholic beverages (17 percent of total weight); transport (13 percent); housing (12 percent) and hotels, coffee shops and restaurants (11 percent). The index also includes: clothing and footwear (9 percent); health (7 percent); furnishing and household equipment (7 percent); recreation and culture (5 percent); communication (5 percent). Education, alcoholic beverages, tobacco and other goods and services account for the remaining 14 percent of total weight. 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 - actual data, historical chart and calendar of releases - was last updated on July of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-04-08 09:00 AM Mar -1.5% -0.5% -0.5% -0.3%
2016-05-10 09:00 AM Apr -1.3% -1.5% -1.1%
2016-06-09 09:00 AM May -0.9% -1.3% -1.1%
2016-07-08 09:00 AM Jun -0.9% -0.9%
2016-08-08 09:00 AM Jul -0.8%
2016-09-09 09:00 AM Aug -0.6%

Greece Prices Last Previous Highest Lowest Unit
Inflation Rate -0.90 -1.30 33.70 -2.90 percent [+]
Harmonised Consumer Prices 100.08 100.07 104.67 58.92 Index Points [+]
Consumer Price Index CPI 104.81 105.28 111.34 1.14 Index Points [+]
Core Consumer Prices 100.10 99.40 105.30 96.90 Index Points [+]
Core Inflation Rate 0.30 0.00 3.13 -16.39 percent [+]
GDP Deflator 95.11 95.71 100.80 58.61 Index Points [+]
Producer Prices 96.90 95.20 114.60 76.10 Index Points [+]
Producer Prices Change -9.30 -10.20 15.57 -11.40 percent [+]
Import Prices 88.59 88.59 115.00 1.12 Index Points [+]
Cpi Transportation 114.39 113.13 129.60 76.55 Index Points [+]
Food Inflation 0.75 -1.00 12.85 -3.00 percent [+]
Inflation Rate Mom -0.40 0.70 5.98 -2.08 percent [+]




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Afghanistan 5.00 May/16
Albania 0.70 May/16
Algeria 6.08 May/16
Angola 29.23 May/16
Argentina 40.50 Apr/16
Armenia -2.10 May/16
Aruba -1.60 Apr/16
Australia 1.30 Mar/16
Austria 0.60 May/16
Azerbaijan 10.50 Apr/16
Bahamas 2.00 Dec/15
Bahrain 3.70 May/16
Bangladesh 5.45 May/16
Barbados -1.40 Feb/16
Belarus 12.40 May/16
Belgium 2.16 Jun/16
Belize 0.10 Apr/16
Benin -0.10 May/16
Bhutan 3.03 Mar/16
Bolivia 5.02 May/16
Bosnia and Herzegovina -1.60 May/16
Botswana 2.80 May/16
Brazil 9.32 May/16
Brunei -0.30 May/16
Bulgaria -2.00 May/16
Burkina Faso 2.00 May/16
Burundi 2.70 May/16
Cambodia 2.03 Mar/16
Cameroon 1.47 Dec/15
Canada 1.50 May/16
Cape Verde -1.00 May/16
Cayman Islands -2.80 Mar/16
Central African Republic 25.58 Jun/14
Chad 0.60 Apr/16
Chile 4.20 May/16
China 2.00 May/16
Colombia 8.20 May/16
Comoros 1.40 Dec/14
Congo 2.16 Apr/16
Costa Rica 0.43 May/16
Croatia -1.80 May/16
Cuba 4.40 Dec/15
Cyprus -2.13 May/16
Czech Republic 0.10 May/16
Denmark 0.10 May/16
Djibouti 2.60 Mar/15
Dominican Republic 1.71 May/16
East Timor -1.70 May/16
Ecuador 1.63 May/16
Egypt 12.30 May/16
El Salvador 0.73 May/16
Equatorial Guinea 3.90 Dec/15
Eritrea 12.50 Dec/15
Estonia -0.90 May/16
Ethiopia 7.90 May/16
Euro Area 0.10 Jun/16
European Union -0.10 May/16
Fiji 5.20 May/16
Finland 0.30 May/16
France 0.20 Jun/16
Gabon -0.01 Jun/15
Gambia 6.57 Sep/15
Georgia 2.10 May/16
Germany 0.30 Jun/16
Ghana 18.90 May/16
Greece -0.90 May/16
Guatemala 4.27 May/16
Guinea 8.20 May/16
Guinea Bissau 2.20 Apr/16
Guyana 0.30 Mar/16
Haiti 15.10 May/16
Honduras 2.36 May/16
Hong Kong 2.60 May/16
Hungary -0.20 May/16
Iceland 1.60 Jun/16
India 5.76 May/16
Indonesia 3.45 Jun/16
Iran 7.40 Apr/16
Iraq 2.50 May/16
Ireland 0.00 May/16
Israel -0.80 May/16
Italy -0.40 Jun/16
Ivory Coast 2.30 May/16
Jamaica 2.10 May/16
Japan -0.40 May/16
Jordan -1.60 May/16
Kazakhstan 17.30 Jun/16
Kenya 5.80 Jun/16
Kosovo -0.10 May/16
Kuwait 2.80 May/16
Kyrgyzstan 0.30 May/16
Laos 0.96 Apr/16
Latvia -0.80 May/16
Lebanon -2.45 May/16
Lesotho 7.80 Apr/16
Liberia 7.10 Mar/16
Libya 10.10 Nov/15
Liechtenstein -0.40 May/16
Lithuania 0.50 May/16
Luxembourg -0.03 May/16
Macau 2.64 May/16
Macedonia -0.70 May/16
Madagascar 6.20 Apr/16
Malawi 21.50 May/16
Malaysia 2.00 May/16
Maldives 0.60 Apr/16
Mali -0.60 May/16
Malta 1.00 May/16
Mauritania 0.90 Apr/16
Mauritius 0.80 May/16
Mexico 2.60 May/16
Moldova 7.90 May/16
Mongolia 1.80 May/16
Montenegro -1.00 May/16
Morocco 1.90 May/16
Mozambique 18.27 May/16
Myanmar 14.59 Nov/15
Namibia 6.70 May/16
Nepal 10.00 May/16
Netherlands 0.00 May/16
New Caledonia 0.80 May/16
New Zealand 0.40 Mar/16
Nicaragua 3.70 May/16
Niger 2.10 May/16
Nigeria 15.60 May/16
North Korea 55.00 Jul/13
Norway 3.40 May/16
Oman 1.14 May/16
Pakistan 3.19 Jun/16
Palestine -0.31 May/16
Panama 0.30 May/16
Papua New Guinea 6.40 Dec/15
Paraguay 4.70 Jun/16
Peru 3.34 Jun/16
Philippines 1.60 May/16
Poland -0.80 Jun/16
Portugal 0.30 May/16
Puerto Rico -0.20 Apr/16
Qatar 2.60 May/16
Republic of the Congo 3.70 Apr/15
Romania -3.50 May/16
Russia 7.30 May/16
Rwanda 4.40 May/16
Sao Tome and Principe 6.00 Apr/16
Saudi Arabia 4.10 May/16
Senegal 1.60 May/16
Serbia 0.70 May/16
Seychelles -1.20 May/16
Sierra Leone 8.85 Dec/15
Singapore -1.60 May/16
Slovakia -0.80 May/16
Slovenia 0.30 Jun/16
Somalia -4.00 Dec/14
South Africa 6.10 May/16
South Korea 0.80 Jun/16
South Sudan 295.00 May/16
Spain -0.80 Jun/16
Sri Lanka 6.00 Jun/16
Sudan 13.98 May/16
Suriname 46.10 Apr/16
Swaziland 8.50 Apr/16
Sweden 0.60 May/16
Switzerland -0.40 May/16
Syria 44.70 Nov/15
Taiwan 1.24 May/16
Tajikistan 5.20 May/16
Tanzania 5.20 May/16
Thailand 0.38 Jun/16
Togo 2.40 May/16
Trinidad and Tobago 3.50 Apr/16
Tunisia 3.60 May/16
Turkey 6.58 May/16
Turkmenistan 7.00 Dec/15
Uganda 5.90 Jun/16
Ukraine 7.50 May/16
United Arab Emirates 1.60 May/16
United Kingdom 0.30 May/16
United States 1.00 May/16
Uruguay 11.00 May/16
Uzbekistan 5.60 Dec/15
Venezuela 180.90 Dec/15
Vietnam 2.40 Jun/16
Yemen 9.49 Nov/14
Zambia 21.00 Jun/16
Zimbabwe -1.69 May/16