Inflation Greece 1992
Average inflation: 15.9%
Current Inflation
Inflation is very high at 15.9%, far above the ECB target.
Peak and Trough
The highest inflation was in March at 18.3%. The lowest inflation was in July at 13.5%.
- Highest month
- March: 18.3%
- Lowest month
- July: 13.5%
- Difference
- 4.8 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 12.0%. The lowest price increase was in Food and non-alcoholic beverages with an average of 12.0%.
- Highest increase
- Food and non-alcoholic beverages: 12.0%
- Lowest increase
- Food and non-alcoholic beverages: 12.0%
Historical Context
Current inflation is 0.7% lower than the 5-year average of 16.6%.
- 5-year average
- 16.6%
- 10-year average
- 18.1%
- All-time high (1974)
- 27.2%
- All-time low (1977)
- 12.3%
Trend
Inflation shows a downward trend. Compared to 1991, inflation has fallen by +3.7 percentage point.
- Change vs. previous year
- -3.7 percentage points
- Largest monthly swing
- April: -6.8 percentage points
ECB Target
Inflation is 13.9% 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 €115.90 next year at this inflation rate.
Multi-year trend
Monthly figures 1992
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1991 |
|---|---|---|
| January | 18.1% | -4.1 |
| February | 18.2% | -4.1 |
| March | 18.3% | -2.4 |
| April | 16.0% | -6.8 |
| May | 15.9% | -3.3 |
| June | 15.1% | -3.8 |
| July | 13.5% | -5.3 |
| August | 15.3% | -2.7 |
| September | 15.3% | -2.9 |
| October | 15.9% | -1.8 |
| November | 15.0% | -3.0 |
| December | 14.4% | -3.6 |
| Average | 15.9% |
Data source
Data from OECD. Last updated: 20/12/2025.