Inflation Greece 1982
Average inflation: 21.0%
Current Inflation
Inflation is very high at 21.0%, far above the ECB target.
Peak and Trough
The highest inflation was in June at 22.9%. The lowest inflation was in December at 19.1%.
- Highest month
- June: 22.9%
- Lowest month
- December: 19.1%
- 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 21.2%. The lowest price increase was in Food and non-alcoholic beverages with an average of 21.2%.
- Highest increase
- Food and non-alcoholic beverages: 21.2%
- Lowest increase
- Food and non-alcoholic beverages: 21.2%
Historical Context
Current inflation is 0.6% higher than the 5-year average of 20.4%.
- 5-year average
- 20.4%
- 10-year average
- 18.3%
- All-time high (1974)
- 27.2%
- All-time low (1968)
- 0.2%
Trend
Inflation shows a downward trend. Compared to 1981, inflation has fallen by +3.6 percentage point.
- Change vs. previous year
- -3.6 percentage points
- Largest monthly swing
- February: -7.1 percentage points
ECB Target
Inflation is 19.0% 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 €121.00 next year at this inflation rate.
Multi-year trend
Monthly figures 1982
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1981 |
|---|---|---|
| January | 21.0% | -4.5 |
| February | 19.7% | -7.1 |
| March | 20.7% | -4.9 |
| April | 21.6% | -2.8 |
| May | 22.1% | -2.0 |
| June | 22.9% | -0.5 |
| July | 22.8% | -0.9 |
| August | 22.0% | -1.9 |
| September | 20.2% | -5.6 |
| October | 20.0% | -5.5 |
| November | 19.9% | -3.9 |
| December | 19.1% | -3.2 |
| Average | 21.0% |
Data source
Data from OECD. Last updated: 20/12/2025.