Inflation Greece 1995

Average inflation: 9.0%

Current Inflation

Inflation is very high at 9.0%, far above the ECB target.

Peak and Trough

The highest inflation was in January at 10.7%. The lowest inflation was in October at 7.8%.

Highest month
January: 10.7%
Lowest month
October: 7.8%
Difference
2.9 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 8.6%. The lowest price increase was in Food and non-alcoholic beverages with an average of 8.6%.

Highest increase
Food and non-alcoholic beverages: 8.6%
Lowest increase
Food and non-alcoholic beverages: 8.6%

Historical Context

Current inflation is 5.0% lower than the 5-year average of 14.0%. This approaches the lowest level since records began (9.0% in 1995).

5-year average
14%
10-year average
15.7%
All-time high (1981)
24.6%
All-time low (1995)
9%

Trend

Inflation shows a downward trend. Compared to 1994, inflation has fallen by +1.9 percentage point.

Change vs. previous year
-1.9 percentage points
Largest monthly swing
September: -3.7 percentage points

ECB Target

Inflation is 7.0% 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 €109.00 next year at this inflation rate.

Multi-year trend

Monthly figures 1995

Inflation by category

Food and non-alcoholic beverages
8.6%
-0.4vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 1994
January 10.7% -0.6
February 10.0% -1.4
March 9.9% -0.1
April 9.4% -0.8
May 9.7% -1.1
June 9.5% -0.8
July 8.5% -3.2
August 8.3% -3.3
September 8.0% -3.7
October 7.8% -2.9
November 7.8% -2.4
December 7.9% -2.8
Average 9.0%

Data source

Data from OECD. Last updated: 20/12/2025.

See also