Inflation Greece 2012
Average inflation: 1.5%
Current Inflation
Inflation is low at 1.5%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in January at 2.3%. The lowest inflation was in December at 0.8%.
- Highest month
- January: 2.3%
- Lowest month
- December: 0.8%
- Difference
- 1.5 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 7.9%. The lowest price increase was in Furnishings, household equipment and maintenance with an average of -1.9%.
- Highest increase
- Housing, water, electricity, gas and other fuels: 7.9%
- Lowest increase
- Furnishings, household equipment and maintenance: -1.9%
Historical Context
Current inflation is 1.5% lower than the 5-year average of 3.0%.
- 5-year average
- 3%
- 10-year average
- 3.1%
- All-time high (1993)
- 14.5%
- All-time low (2009)
- 1.2%
Trend
Inflation shows a downward trend. Compared to 2011, inflation has fallen by +1.8 percentage point.
- Change vs. previous year
- -1.8 percentage points
- Largest monthly swing
- January: -2.9 percentage points
ECB Target
Inflation is 0.5% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.
What you could buy for €100 this year will cost approximately €101.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2012
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2011 |
|---|---|---|
| January | 2.3% | -2.9 |
| February | 2.1% | -2.3 |
| March | 1.7% | -2.8 |
| April | 1.9% | -2.0 |
| May | 1.4% | -1.9 |
| June | 1.3% | -2.0 |
| July | 1.3% | -1.1 |
| August | 1.7% | 0.0 |
| September | 0.9% | -2.2 |
| October | 1.6% | -1.4 |
| November | 1.0% | -1.9 |
| December | 0.8% | -1.6 |
| Average | 1.5% |
Data source
Data from OECD. Last updated: 11/01/2026.