Inflation Greece 1965

Average inflation: 3.2%

Current Inflation

Inflation is high at 3.2%, well above the ECB target.

Peak and Trough

The highest inflation was in October at 5.6%. The lowest inflation was in April at 1.8%.

Highest month
October: 5.6%
Lowest month
April: 1.8%
Difference
3.8 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 5.0%. The lowest price increase was in Food and non-alcoholic beverages with an average of 5.0%.

Highest increase
Food and non-alcoholic beverages: 5.0%
Lowest increase
Food and non-alcoholic beverages: 5.0%

Historical Context

Current inflation is 1.5% higher than the 5-year average of 1.7%.

5-year average
1.7%
10-year average
2%
All-time high (1956)
3.7%
All-time low (1962)
-0.5%

Trend

Inflation has remained relatively stable. Compared to 1964, the difference is minimal (+2.6 percentage point).

Change vs. previous year
+2.6 percentage points
Largest monthly swing
October: +5.6 percentage points

ECB Target

Inflation is 1.2% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

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 €103.20 next year at this inflation rate.

Multi-year trend

Monthly figures 1965

Inflation by category

Food and non-alcoholic beverages
5.0%
+1.8vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 1964
January 1.9% +1.9
February 1.9% +1.9
March 1.9% +1.9
April 1.8% -0.1
May 1.8% -0.1
June 1.8% -0.1
July 3.7% +3.7
August 3.7% +3.7
September 3.7% +3.7
October 5.6% +5.6
November 5.6% +5.6
December 5.5% +3.6
Average 3.2%

Data source

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

See also