Inflation Greece 1960
Average inflation: 1.5%
Current Inflation
Inflation is low at 1.5%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in December at 3.9%. The lowest inflation was in April at 0.0%.
- Highest month
- December: 3.9%
- Lowest month
- April: 0.0%
- Difference
- 3.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food and non-alcoholic beverages with an average of 2.2%. The lowest price increase was in Food and non-alcoholic beverages with an average of 2.2%.
- Highest increase
- Food and non-alcoholic beverages: 2.2%
- Lowest increase
- Food and non-alcoholic beverages: 2.2%
Historical Context
Current inflation is 0.8% lower than the 5-year average of 2.3%. This approaches the lowest level since records began (1.4% in 1958).
- 5-year average
- 2.3%
- 10-year average
- 2.3%
- All-time high (1956)
- 3.7%
- All-time low (1958)
- 1.4%
Trend
Inflation has remained relatively stable. Compared to 1959, the difference is minimal (-1.1 percentage point).
- Change vs. previous year
- -1.1 percentage points
- Largest monthly swing
- April: -3.9 percentage points
ECB Target
Inflation is 0.5% 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 €101.50 next year at this inflation rate.
Multi-year trend
Monthly figures 1960
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1959 |
|---|---|---|
| January | 2.0% | +0.7 |
| February | 2.0% | 0.0 |
| March | 2.0% | +0.4 |
| April | 0.0% | -3.9 |
| May | 0.0% | -3.1 |
| June | 2.0% | -0.6 |
| July | 0.0% | -3.0 |
| August | 0.0% | -2.7 |
| September | 2.0% | -0.6 |
| October | 2.0% | -1.0 |
| November | 2.0% | -0.9 |
| December | 3.9% | +1.4 |
| Average | 1.5% |
Data source
Data from OECD. Last updated: 20/12/2025.