Inflation Greece 1964

Average inflation: 0.6%

Inflation in 1964

Inflation is very low at 0.6%, well below the ECB target.

Peak and Trough

The highest inflation was in April at 1.9%. The lowest inflation was in January at 0.0%.

Highest month
April: 1.9%
Lowest month
January: 0.0%
Difference
1.9 percentage points
Months with data
12 of 12

Historical Context

Inflation is 0.8 percentage points lower than the 5-year average of 1.4%.

5-year average
1.4%
10-year average
1.9%
All-time high (1956)
3.7%
All-time low (1962)
-0.5%

Trend

Over the period 1962-1964, inflation shows an upward trend. Compared to 1963, inflation has fallen by 2.6 percentage points.

Change vs. previous year
-2.6 percentage points
Largest monthly swing
January: -3.8 percentage points

ECB Target

Inflation is 1.4 percentage points 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 €100.60 next year at this inflation rate.

Multi-year trend

Monthly figures 1964

Inflation by category

Food and non-alcoholic beverages
0.8%
+0.2 vs avg.

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 1963
January 0.0% -3.8
February 0.0% -3.8
March 0.0% -3.8
April 1.9% 0.0
May 1.9% -1.9
June 1.9% -1.9
July 0.0% -3.8
August 0.0% -3.8
September 0.0% -3.8
October 0.0% -1.9
November 0.0% -1.9
December 1.9% 0.0
Average 0.6%

Data source

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

See also