The annual inflation rate in Greece fell to 3.4% in July 2026, a five-month low, from 4.4% in June. Prices slowed for housing & utilities (8.8% vs 10.6%), food and non-alcoholic beverages (0.4% vs 2.7%), restaurants & hotels (5.8% vs 7.7%), recreation & culture (1.3% vs 1.7%), and furnishings & household equipment (0.4% vs 0.5%). Also, inflation was steady for health (at 1.1%) and education (at 2.8%). On the other hand, cost accelerated for transport (7.4% vs 7.2%) and clothing & footwear (3.3% vs 0.5%). On a monthly basis, consumer prices fell 1.4%, after being flat in June. source: National Statistical Service of Greece

Inflation Rate in Greece decreased to 3.40 percent in July from 4.40 percent in June of 2026. Inflation Rate in Greece averaged 7.71 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 August of 2026.

Inflation Rate in Greece decreased to 3.40 percent in July from 4.40 percent in June of 2026. Inflation Rate in Greece is expected to be 4.30 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 2.70 percent in 2027 and 2.40 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-09 09:00 AM
Inflation Rate YoY
Jun 4.4% 5.2% 4.2%
2026-08-07 09:00 AM
Inflation Rate YoY
Jul 3.4% 4.4% 3.5%
2026-09-09 09:00 AM
Inflation Rate YoY
Aug 3.4%



Components Last Previous Unit Reference
Food Inflation 0.40 2.70 percent Jul 2026

Related Last Previous Unit Reference
Consumer Price Index CPI 125.12 126.84 points Jul 2026
Core Consumer Prices 118.02 120.19 points Jul 2026
Core Inflation Rate 2.70 3.20 percent Jul 2026
CPI Housing Utilities 140.22 140.02 points Jul 2026
CPI Transportation 134.16 131.60 points Jul 2026
GDP Deflator 123.58 122.07 points Mar 2026
Harmonised Consumer Prices 103.73 105.24 points Jul 2026
Import Prices 118.54 124.74 points May 2026
Inflation Rate YoY 3.40 4.40 percent Jul 2026
Inflation Rate MoM -1.40 0.00 percent Jul 2026
Producer Prices 132.53 136.61 points Jun 2026
PPI YoY 8.80 13.50 percent Jun 2026


Greece Inflation Rate
In Greece, the most important categories in the consumer price index are: food and non-alcoholic beverages (21 percent of total weight); housing (16 percent); and transport (14 percent). The index also includes: hotels, cafés and restaurants (10 percent); health (8 percent); miscellaneous goods and services (7 percent); and clothing and footwear (6 percent). Household equipment, alcoholic beverages, tobacco, communication, recreation and culture, and education account for the remaining 19 percent of total weight.
Actual Previous Highest Lowest Dates Unit Frequency
3.40 4.40 33.70 -2.90 1960 - 2026 percent Monthly
2020=100

News Stream
Greece Inflation Rate at 5-Month Low
The annual inflation rate in Greece fell to 3.4% in July 2026, a five-month low, from 4.4% in June. Prices slowed for housing & utilities (8.8% vs 10.6%), food and non-alcoholic beverages (0.4% vs 2.7%), restaurants & hotels (5.8% vs 7.7%), recreation & culture (1.3% vs 1.7%), and furnishings & household equipment (0.4% vs 0.5%). Also, inflation was steady for health (at 1.1%) and education (at 2.8%). On the other hand, cost accelerated for transport (7.4% vs 7.2%) and clothing & footwear (3.3% vs 0.5%). On a monthly basis, consumer prices fell 1.4%, after being flat in June.
2026-08-07
Greece Inflation Rate at 3-Month Low
The inflation rate in Greece rose by 4.4% year-on-year in May 2026, easing from 5.2% in the previous month. This marked the slowest growth in three months as costs moderated for food and non-alcoholic beverages (2.7% vs 3.5% in April), housing utilities (10.6% vs 11.6%), health (1.1% vs 1.2%), transportation (7.2% vs 11.5%), and restaurants and hotels (7.7% vs 8.5%). Additionally, price growth remained steady for education (at 2.8%). On the other hand, prices increased for miscellaneous goods and services (1.1% vs 0.9%), while costs recovered for alcoholic beverages and tobacco (0.3% vs -0.1%) and clothing and footwear (0.5% vs -0.9%). On a monthly basis, consumer prices recorded a flat reading in May, unchanged from the preceding period. Meanwhile, the EU-harmonised annual inflation rate rose 3.9%, slowing from 4.9% in April.
2026-07-09
Greece Inflation Eases Slightly in May
The annual inflation rate in Greece edged down to 5.2% in May 2026 from 5.4% in the prior month. Price growth slowed in housing and utilities (11.6% vs 13.8% in April), food and non-alcoholic beverages (3.5% vs 4.4%). Decreases were also observed in alcoholic beverages and tobacco (-0.1% vs 1.4%), clothing and footwear (-0.9% vs 2.0%), furnishings and household equipment (-0.1% vs 0.1%), and information and communication (-2.7% vs -2.2%). Meanwhile, inflation accelerated for transport (11.5% vs 10.0%), restaurants and accommodation (8.5% vs 6.1%), recreation and culture (1.4% vs 1.0%), while remained steady for education (at 2.8%) and health (at 1.2%). On a monthly basis, consumer prices were unchanged after rising 1.5% in the previous month. Meanwhile, the EU-harmonised annual inflation rate rose to 4.9%, the highest since March 2023, and up from 4.6% previously.
2026-06-10