Inflation Greece 1993
Average inflation: 14.5%
Current Inflation
Inflation is very high at 14.5%, far above the ECB target.
Peak and Trough
The highest inflation was in March at 16.4%. The lowest inflation was in December at 12.0%.
- Highest month
- March: 16.4%
- Lowest month
- December: 12.0%
- Difference
- 4.4 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 9.9%. The lowest price increase was in Food and non-alcoholic beverages with an average of 9.9%.
- Highest increase
- Food and non-alcoholic beverages: 9.9%
- Lowest increase
- Food and non-alcoholic beverages: 9.9%
Historical Context
Current inflation is 2.3% lower than the 5-year average of 16.8%.
- 5-year average
- 16.8%
- 10-year average
- 17.5%
- All-time high (1974)
- 27.2%
- All-time low (1977)
- 12.3%
Trend
Inflation shows a downward trend. Compared to 1992, inflation has fallen by +1.4 percentage point.
- Change vs. previous year
- -1.4 percentage points
- Largest monthly swing
- February: -3.7 percentage points
ECB Target
Inflation is 12.5% 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 €114.50 next year at this inflation rate.
Multi-year trend
Monthly figures 1993
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1992 |
|---|---|---|
| January | 14.5% | -3.6 |
| February | 14.5% | -3.7 |
| March | 16.4% | -1.9 |
| April | 16.2% | +0.2 |
| May | 16.4% | +0.5 |
| June | 15.8% | +0.7 |
| July | 15.7% | +2.2 |
| August | 14.6% | -0.7 |
| September | 12.8% | -2.5 |
| October | 12.3% | -3.6 |
| November | 12.3% | -2.7 |
| December | 12.0% | -2.4 |
| Average | 14.5% |
Data source
Data from OECD. Last updated: 20/12/2025.