Inflation Greece 2005
Average inflation: 3.5%
Inflation in 2005
Inflation is high at 3.5%, well above the ECB target.
Peak and Trough
The highest inflation was in January at 4.0%. The lowest inflation was in March at 2.9%.
- Highest month
- January: 4.0%
- Lowest month
- March: 2.9%
- Difference
- 1.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Housing, water, electricity, gas and other fuels with an average of 8.9%. The lowest price increase was in Communication with an average of -0.4%.
- Highest increase
- Housing, water, electricity, gas and other fuels: 8.9%
- Lowest increase
- Communication: -0.4%
Historical Context
Inflation is around the 5-year average of 3.4%.
- 5-year average
- 3.4%
- 10-year average
- 4.1%
- All-time high (1986)
- 23.2%
- All-time low (1999)
- 2.6%
Trend
Over the period 2003-2005, inflation has remained relatively stable. Compared to 2004, inflation has risen by 0.6 percentage points.
- Change vs. previous year
- +0.6 percentage points
- Largest monthly swing
- January: +1.1 percentage points
ECB Target
Inflation is 1.5 percentage points 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 €103.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2005
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2004 |
|---|---|---|
| January | 4.0% | +1.1 |
| February | 3.1% | +0.6 |
| March | 2.9% | +0.2 |
| April | 3.4% | +0.5 |
| May | 3.2% | +0.3 |
| June | 3.3% | +0.5 |
| July | 3.9% | +1.0 |
| August | 3.7% | +1.0 |
| September | 3.9% | +1.1 |
| October | 3.8% | +0.6 |
| November | 3.5% | +0.4 |
| December | 3.6% | +0.5 |
| Average | 3.5% |
Data source
Data from OECD. Last updated: 13/01/2026.