Inflation Greece 1991
Average inflation: 19.6%
Current Inflation
Inflation is very high at 19.6%, far above the ECB target.
Peak and Trough
The highest inflation was in April at 22.8%. The lowest inflation was in October at 17.7%.
- Highest month
- April: 22.8%
- Lowest month
- October: 17.7%
- Difference
- 5.1 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 17.8%. The lowest price increase was in Food and non-alcoholic beverages with an average of 17.8%.
- Highest increase
- Food and non-alcoholic beverages: 17.8%
- Lowest increase
- Food and non-alcoholic beverages: 17.8%
Historical Context
Current inflation is 2.9% higher than the 5-year average of 16.7%.
- 5-year average
- 16.7%
- 10-year average
- 18.6%
- All-time high (1974)
- 27.2%
- All-time low (1972)
- 4.3%
Trend
Inflation shows an upward trend. Compared to 1990, inflation has risen by -0.7 percentage point.
- Change vs. previous year
- -0.7 percentage points
- Largest monthly swing
- January: +6.7 percentage points
ECB Target
Inflation is 17.6% 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 €119.60 next year at this inflation rate.
Multi-year trend
Monthly figures 1991
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1990 |
|---|---|---|
| January | 22.2% | +6.7 |
| February | 22.3% | +6.2 |
| March | 20.7% | +3.8 |
| April | 22.8% | +5.7 |
| May | 19.2% | -1.3 |
| June | 18.9% | -2.7 |
| July | 18.8% | -2.9 |
| August | 18.0% | -4.2 |
| September | 18.2% | -4.1 |
| October | 17.7% | -5.6 |
| November | 18.0% | -5.9 |
| December | 18.0% | -4.9 |
| Average | 19.6% |
Data source
Data from OECD. Last updated: 20/12/2025.