Inflation Greece 2006
Average inflation: 3.2%
Current Inflation
Inflation is high at 3.2%, well above the ECB target.
Peak and Trough
The highest inflation was in July at 3.8%. The lowest inflation was in October at 2.8%.
- Highest month
- July: 3.8%
- Lowest month
- October: 2.8%
- Difference
- 1.0 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 6.6%. The lowest price increase was in Communication with an average of 0.3%.
- Highest increase
- Housing, water, electricity, gas and other fuels: 6.6%
- Lowest increase
- Communication: 0.3%
Historical Context
Current inflation is around the 5-year average of 3.3%.
- 5-year average
- 3.3%
- 10-year average
- 3.6%
- All-time high (1990)
- 20.3%
- All-time low (1999)
- 2.6%
Trend
Inflation has remained relatively stable. Compared to 2005, the difference is minimal (-0.3 percentage point).
- Change vs. previous year
- -0.3 percentage points
- Largest monthly swing
- September: -1.0 percentage points
ECB Target
Inflation is 1.2% 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 €103.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2006
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2005 |
|---|---|---|
| January | 3.2% | -0.8 |
| February | 3.2% | +0.1 |
| March | 3.3% | +0.4 |
| April | 3.3% | -0.1 |
| May | 3.1% | -0.1 |
| June | 3.2% | -0.1 |
| July | 3.8% | -0.1 |
| August | 3.5% | -0.2 |
| September | 2.9% | -1.0 |
| October | 2.8% | -1.0 |
| November | 2.9% | -0.6 |
| December | 2.9% | -0.7 |
| Average | 3.2% |
Data source
Data from OECD. Last updated: 11/01/2026.