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

Consumer prices in Greece declined 0.5 percent year-on-year in October of 2016, following a 1 percent drop in September. It is the 44th consecutive month of deflation. Prices fell less for food and non-alcoholic beverages (-1.5 percent from -1.6 percent in September); household equipment (-1.5 percent from -1.9 percent); recreation and culture (-1.1 percent from -1.4 percent); housing (0.0 percent from -4.1 percent) and rose for transport (0.4 percent from -1.3 percent). In contrast, prices decreased for clothing and footwear (-2.2 percent from 2.2 percent). On a monthly basis, consumer prices rose 0.4 percent. Inflation Rate in Greece averaged 8.66 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.

Greece Inflation Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-09-09 09:00 AM Aug -0.9% -1% -0.8%
2016-10-10 09:00 AM Sep -1% -0.9% -0.7% -0.6%
2016-11-10 10:00 AM Oct -0.5% -1% -0.6%
2016-12-09 10:00 AM Nov -0.5% -0.3%
2017-01-13 10:05 AM Dec
2017-02-17 10:00 AM Jan




Greece Prices Last Previous Highest Lowest Unit
Inflation Rate -0.50 -1.00 33.70 -2.90 percent [+]
Harmonised Consumer Prices 101.33 100.88 104.67 58.92 Index Points [+]
Consumer Price Index CPI 105.80 105.39 111.34 1.14 Index Points [+]
Core Consumer Prices 100.00 97.60 105.30 96.90 Index Points [+]
Core Inflation Rate -0.30 0.60 3.13 -16.39 percent [+]
GDP Deflator 95.11 95.71 100.80 58.61 Index Points [+]
Producer Prices 97.00 96.50 114.60 76.10 Index Points [+]
Producer Prices Change -0.50 -3.00 15.57 -11.40 percent [+]
Import Prices 93.19 92.07 115.00 1.12 Index Points [+]
Cpi Transportation 115.64 114.52 129.60 76.55 Index Points [+]
Food Inflation -1.50 -1.60 12.85 -3.00 percent [+]
Inflation Rate Mom 0.40 1.80 5.98 -2.08 percent [+]



Greece Inflation Rate Notes

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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
-0.50 -1.00 33.70 -2.90 1960 - 2016 percent Monthly



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Laos 1.84 Sep/16
Latvia 1.00 Oct/16
Lebanon 1.13 Oct/16
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Libya 27.40 Jun/16
Liechtenstein -0.30 Nov/16
Lithuania 0.90 Oct/16
Luxembourg 0.54 Nov/16
Macau 1.33 Oct/16
Macedonia -0.20 Nov/16
Madagascar 6.70 Sep/16
Malawi 20.10 Oct/16
Malaysia 1.40 Oct/16
Maldives 0.40 Sep/16
Mali -3.50 Aug/16
Malta 0.50 Oct/16
Mauritania 2.60 Oct/16
Mauritius 2.20 Nov/16
Mexico 3.06 Oct/16
Moldova 2.50 Oct/16
Mongolia -0.10 Oct/16
Montenegro 0.20 Oct/16
Morocco 1.60 Oct/16
Mozambique 25.53 Oct/16
Myanmar 10.67 Mar/16
Namibia 7.30 Oct/16
Nepal 6.70 Oct/16
Netherlands 0.40 Oct/16
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New Zealand 0.40 Sep/16
Nicaragua 3.30 Nov/16
Niger -0.60 Oct/16
Nigeria 18.30 Oct/16
North Korea 55.00 Jul/13
Norway 3.70 Oct/16
Oman 2.04 Oct/16
Pakistan 3.81 Nov/16
Palestine -1.67 Oct/16
Panama 1.40 Oct/16
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Paraguay 4.20 Nov/16
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Philippines 2.50 Nov/16
Poland 0.00 Nov/16
Portugal 0.90 Oct/16
Puerto Rico -0.40 Oct/16
Qatar 2.20 Oct/16
Republic of the Congo 3.70 Apr/15
Romania -0.40 Oct/16
Russia 5.80 Nov/16
Rwanda 9.10 Oct/16
Sao Tome and Principe 5.80 Oct/16
Saudi Arabia 2.60 Oct/16
Senegal -0.30 Oct/16
Serbia 1.50 Oct/16
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Sierra Leone 8.77 Mar/16
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