Inflation Greece 2001

Average inflation: 3.4%

Current Inflation

Inflation is high at 3.4%, well above the ECB target.

Peak and Trough

The highest inflation was in June at 3.9%. The lowest inflation was in November at 2.4%.

Highest month
June: 3.9%
Lowest month
November: 2.4%
Difference
1.5 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Alcoholic beverages, tobacco and narcotics with an average of 7.6%. The lowest price increase was in Communication with an average of -0.8%.

Highest increase
Alcoholic beverages, tobacco and narcotics: 7.6%
Lowest increase
Communication: -0.8%

Historical Context

Current inflation is around the 5-year average of 3.9%.

5-year average
3.9%
10-year average
7.8%
All-time high (1986)
23.2%
All-time low (1999)
2.6%

Trend

Inflation has remained relatively stable. Compared to 2000, the difference is minimal (+0.3 percentage point).

Change vs. previous year
+0.3 percentage points
Largest monthly swing
November: -1.8 percentage points

ECB Target

Inflation is 1.4% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.

What you could buy for €100 this year will cost approximately €103.40 next year at this inflation rate.

Multi-year trend

Monthly figures 2001

Inflation by category

Food and non-alcoholic beverages
5.1%
+1.7vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
7.6%
+4.2vs avg.
More details →
Clothing and footwear
3.3%
-0.1vs avg.
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Housing, water, electricity, gas and other fuels
1.8%
-1.6vs avg.
More details →
Furnishings, household equipment and maintenance
2.3%
-1.1vs avg.
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Health
2.8%
-0.6vs avg.
More details →
Transport
1.2%
-2.2vs avg.
More details →
Communication
-0.8%
-4.2vs avg.
More details →
Recreation and culture
3.5%
+0.1vs avg.
More details →
Education
3.6%
+0.2vs avg.
More details →
Restaurants and hotels
4.6%
+1.2vs avg.
More details →
Miscellaneous goods and services
3.9%
+0.5vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2000
January 3.4% +0.8
February 3.5% +0.6
March 3.0% -0.1
April 3.5% +0.9
May 3.6% +0.7
June 3.9% +1.4
July 3.9% +1.2
August 3.8% +0.8
September 3.6% +0.5
October 2.8% -1.2
November 2.4% -1.8
December 3.0% -0.9
Average 3.4%

Data source

Data from OECD. Last updated: 11/01/2026.

See also