Inflation Greece 1985
Average inflation: 19.2%
Current Inflation
Inflation is very high at 19.2%, far above the ECB target.
Peak and Trough
The highest inflation was in December at 24.8%. The lowest inflation was in July at 16.6%.
- Highest month
- December: 24.8%
- Lowest month
- July: 16.6%
- Difference
- 8.2 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 19.4%. The lowest price increase was in Food and non-alcoholic beverages with an average of 19.4%.
- Highest increase
- Food and non-alcoholic beverages: 19.4%
- Lowest increase
- Food and non-alcoholic beverages: 19.4%
Historical Context
Current inflation is 1.5% lower than the 5-year average of 20.7%.
- 5-year average
- 20.7%
- 10-year average
- 18.5%
- All-time high (1974)
- 27.2%
- All-time low (1968)
- 0.2%
Trend
Inflation has remained relatively stable. Compared to 1984, the difference is minimal (+0.7 percentage point).
- Change vs. previous year
- +0.7 percentage points
- Largest monthly swing
- December: +6.8 percentage points
ECB Target
Inflation is 17.2% 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 €119.20 next year at this inflation rate.
Multi-year trend
Monthly figures 1985
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1984 |
|---|---|---|
| January | 19.0% | -1.1 |
| February | 18.3% | -0.8 |
| March | 18.2% | +0.6 |
| April | 17.7% | -0.3 |
| May | 17.0% | -0.7 |
| June | 17.3% | -1.9 |
| July | 16.6% | -2.8 |
| August | 17.7% | -1.1 |
| September | 20.2% | +2.3 |
| October | 21.2% | +3.3 |
| November | 22.9% | +5.0 |
| December | 24.8% | +6.8 |
| Average | 19.2% |
Data source
Data from OECD. Last updated: 20/12/2025.