Inflation Greece 1958

Average inflation: 1.4%

Current Inflation

Inflation is low at 1.4%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in January at 2.6%. The lowest inflation was in July at 0.6%.

Highest month
January: 2.6%
Lowest month
July: 0.6%
Difference
2.0 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 1.1% lower than the 5-year average of 2.5%. This approaches the lowest level since records began (1.4% in 1958).

5-year average
2.5%
10-year average
2.5%
All-time high (1956)
3.7%
All-time low (1958)
1.4%

Trend

Inflation shows a downward trend. Compared to 1957, inflation has fallen by +0.9 percentage point.

Change vs. previous year
-0.9 percentage points
Largest monthly swing
October: -3.0 percentage points

ECB Target

Inflation is 0.6% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €101.40 next year at this inflation rate.

Multi-year trend

Monthly figures 1958

Month overview

Month Inflation Difference vs. 1957
January 2.6% +0.9
February 2.3% +1.6
March 1.9% +1.0
April 1.0% -0.2
May 2.1% -0.2
June 1.8% -0.4
July 0.6% -1.9
August 1.5% -0.8
September 0.7% -2.8
October 0.6% -3.0
November 0.6% -2.7
December 1.1% -1.9
Average 1.4%

Data source

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

See also