Inflation Greece 1957

Average inflation: 2.3%

Current Inflation

Inflation is normal at 2.3%, around the ECB target.

Peak and Trough

The highest inflation was in October at 3.6%. The lowest inflation was in February at 0.7%.

Highest month
October: 3.6%
Lowest month
February: 0.7%
Difference
2.9 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 0.7% lower than the 5-year average of 3.0%. This approaches the lowest level since records began (2.3% in 1957).

5-year average
3%
10-year average
3%
All-time high (1956)
3.7%
All-time low (1957)
2.3%

Trend

Inflation shows a downward trend. Compared to 1956, inflation has fallen by +1.4 percentage point.

Change vs. previous year
-1.4 percentage points
Largest monthly swing
February: -6.7 percentage points

ECB Target

Inflation is close to the ECB target of 2.0%.

Purchasing Power

At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.

What you could buy for €100 this year will cost approximately €102.30 next year at this inflation rate.

Multi-year trend

Monthly figures 1957

Month overview

Month Inflation Difference vs. 1956
January 1.7% -4.3
February 0.7% -6.7
March 0.9% -4.5
April 1.2% -5.0
May 2.3% -1.0
June 2.2% -0.5
July 2.5% -1.3
August 2.3% -0.8
September 3.5% +1.4
October 3.6% +2.3
November 3.3% +1.7
December 3.0% +1.8
Average 2.3%

Data source

Data from OECD. Last updated: 20/12/2025.

See also