Inflation Greece 2007
Average inflation: 2.9%
Current Inflation
Inflation is normal at 2.9%, around the ECB target.
Peak and Trough
The highest inflation was in November at 3.9%. The lowest inflation was in April at 2.5%.
- Highest month
- November: 3.9%
- Lowest month
- April: 2.5%
- Difference
- 1.4 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 6.5%. The lowest price increase was in Communication with an average of 0.1%.
- Highest increase
- Alcoholic beverages, tobacco and narcotics: 6.5%
- Lowest increase
- Communication: 0.1%
Historical Context
Current inflation is around the 5-year average of 3.2%.
- 5-year average
- 3.2%
- 10-year average
- 3.4%
- All-time high (1990)
- 20.3%
- All-time low (1999)
- 2.6%
Trend
Inflation has remained relatively stable. Compared to 2006, the difference is minimal (-0.3 percentage point).
- Change vs. previous year
- -0.3 percentage points
- Largest monthly swing
- July: -1.3 percentage points
ECB Target
Inflation is 0.9% 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 €102.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2007
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2006 |
|---|---|---|
| January | 2.7% | -0.5 |
| February | 2.7% | -0.5 |
| March | 2.6% | -0.7 |
| April | 2.5% | -0.8 |
| May | 2.6% | -0.5 |
| June | 2.6% | -0.6 |
| July | 2.5% | -1.3 |
| August | 2.5% | -1.0 |
| September | 2.9% | 0.0 |
| October | 3.1% | +0.3 |
| November | 3.9% | +1.0 |
| December | 3.9% | +1.0 |
| Average | 2.9% |
Data source
Data from OECD. Last updated: 13/01/2026.