Inflation Greece 1990
Average inflation: 20.3%
Current Inflation
Inflation is very high at 20.3%, far above the ECB target.
Peak and Trough
The highest inflation was in November at 23.9%. The lowest inflation was in January at 15.5%.
- Highest month
- November: 23.9%
- Lowest month
- January: 15.5%
- Difference
- 8.4 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 20.1%. The lowest price increase was in Food and non-alcoholic beverages with an average of 20.1%.
- Highest increase
- Food and non-alcoholic beverages: 20.1%
- Lowest increase
- Food and non-alcoholic beverages: 20.1%
Historical Context
Current inflation is 2.9% higher than the 5-year average of 17.4%.
- 5-year average
- 17.4%
- 10-year average
- 19.1%
- All-time high (1974)
- 27.2%
- All-time low (1971)
- 3.3%
Trend
Inflation shows an upward trend. Compared to 1989, inflation has risen by +6.6 percentage point.
- Change vs. previous year
- +6.6 percentage points
- Largest monthly swing
- November: +10.4 percentage points
ECB Target
Inflation is 18.3% 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 €120.30 next year at this inflation rate.
Multi-year trend
Monthly figures 1990
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1989 |
|---|---|---|
| January | 15.5% | +1.4 |
| February | 16.1% | +2.1 |
| March | 16.9% | +3.4 |
| April | 17.1% | +4.0 |
| May | 20.5% | +7.4 |
| June | 21.6% | +8.6 |
| July | 21.7% | +8.4 |
| August | 22.2% | +8.8 |
| September | 22.3% | +7.7 |
| October | 23.3% | +9.8 |
| November | 23.9% | +10.4 |
| December | 22.9% | +8.1 |
| Average | 20.3% |
Data source
Data from OECD. Last updated: 20/12/2025.