Inflation Greece 1987
Average inflation: 16.4%
Current Inflation
Inflation is very high at 16.4%, far above the ECB target.
Peak and Trough
The highest inflation was in June at 18.0%. The lowest inflation was in September at 14.7%.
- Highest month
- June: 18.0%
- Lowest month
- September: 14.7%
- Difference
- 3.3 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 12.7%. The lowest price increase was in Food and non-alcoholic beverages with an average of 12.7%.
- Highest increase
- Food and non-alcoholic beverages: 12.7%
- Lowest increase
- Food and non-alcoholic beverages: 12.7%
Historical Context
Current inflation is 3.1% lower than the 5-year average of 19.5%.
- 5-year average
- 19.5%
- 10-year average
- 19.9%
- All-time high (1974)
- 27.2%
- All-time low (1968)
- 0.2%
Trend
Inflation shows a downward trend. Compared to 1986, inflation has fallen by +6.8 percentage point.
- Change vs. previous year
- -6.8 percentage points
- Largest monthly swing
- January: -9.4 percentage points
ECB Target
Inflation is 14.4% 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 €116.40 next year at this inflation rate.
Multi-year trend
Monthly figures 1987
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1986 |
|---|---|---|
| January | 15.6% | -9.4 |
| February | 16.8% | -7.5 |
| March | 16.9% | -7.7 |
| April | 17.6% | -7.2 |
| May | 17.7% | -6.7 |
| June | 18.0% | -6.4 |
| July | 16.9% | -7.8 |
| August | 16.5% | -7.7 |
| September | 14.7% | -8.1 |
| October | 15.2% | -6.9 |
| November | 15.3% | -4.4 |
| December | 15.8% | -1.2 |
| Average | 16.4% |
Data source
Data from OECD. Last updated: 20/12/2025.