Inflation Greece 1981
Average inflation: 24.6%
Current Inflation
Inflation is very high at 24.6%, far above the ECB target.
Peak and Trough
The highest inflation was in February at 26.8%. The lowest inflation was in December at 22.3%.
- Highest month
- February: 26.8%
- Lowest month
- December: 22.3%
- Difference
- 4.5 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 30.1%. The lowest price increase was in Food and non-alcoholic beverages with an average of 30.1%.
- Highest increase
- Food and non-alcoholic beverages: 30.1%
- Lowest increase
- Food and non-alcoholic beverages: 30.1%
Historical Context
Current inflation is 6.0% higher than the 5-year average of 18.6%. This approaches the highest level since records began (27.2% in 1974).
- 5-year average
- 18.6%
- 10-year average
- 16.7%
- All-time high (1974)
- 27.2%
- All-time low (1962)
- -0.5%
Trend
Inflation shows an upward trend. Compared to 1980, inflation has risen by +0.0 percentage point.
- Change vs. previous year
- +0.0 percentage points
- Largest monthly swing
- December: -4.0 percentage points
ECB Target
Inflation is 22.6% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €124.60 next year at this inflation rate.
Multi-year trend
Monthly figures 1981
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1980 |
|---|---|---|
| January | 25.5% | +1.9 |
| February | 26.8% | +3.2 |
| March | 25.6% | +2.2 |
| April | 24.4% | -0.7 |
| May | 24.1% | -1.3 |
| June | 23.4% | -1.7 |
| July | 23.7% | -0.5 |
| August | 23.9% | -0.1 |
| September | 25.8% | +1.3 |
| October | 25.5% | +1.2 |
| November | 23.8% | -2.4 |
| December | 22.3% | -4.0 |
| Average | 24.6% |
Data source
Data from OECD. Last updated: 20/12/2025.