Inflation Greece 1986

Average inflation: 23.2%

Current Inflation

Inflation is very high at 23.2%, far above the ECB target.

Peak and Trough

The highest inflation was in January at 25.0%. The lowest inflation was in December at 17.0%.

Highest month
January: 25.0%
Lowest month
December: 17.0%
Difference
8.0 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 20.5%. The lowest price increase was in Food and non-alcoholic beverages with an average of 20.5%.

Highest increase
Food and non-alcoholic beverages: 20.5%
Lowest increase
Food and non-alcoholic beverages: 20.5%

Historical Context

Current inflation is 2.8% higher than the 5-year average of 20.4%.

5-year average
20.4%
10-year average
19.5%
All-time high (1974)
27.2%
All-time low (1968)
0.2%

Trend

Inflation shows an upward trend. Compared to 1985, inflation has risen by +4.0 percentage point.

Change vs. previous year
+4.0 percentage points
Largest monthly swing
July: +8.1 percentage points

ECB Target

Inflation is 21.2% 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 €123.20 next year at this inflation rate.

Multi-year trend

Monthly figures 1986

Inflation by category

Food and non-alcoholic beverages
20.5%
-2.7vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 1985
January 25.0% +6.0
February 24.3% +6.0
March 24.6% +6.4
April 24.8% +7.1
May 24.4% +7.4
June 24.4% +7.1
July 24.7% +8.1
August 24.2% +6.5
September 22.8% +2.6
October 22.1% +0.9
November 19.7% -3.2
December 17.0% -7.8
Average 23.2%

Data source

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

See also