Inflation Greece 2013

Average inflation: -0.9%

Current Inflation

There is deflation with consumer prices declining by 0.9%.

Peak and Trough

The highest inflation was in January at 0.2%. The lowest inflation was in November at -2.9%.

Highest month
January: 0.2%
Lowest month
November: -2.9%
Difference
3.1 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 5.6%. The lowest price increase was in Communication with an average of -4.4%.

Highest increase
Housing, water, electricity, gas and other fuels: 5.6%
Lowest increase
Communication: -4.4%

Historical Context

Current inflation is 2.9% lower than the 5-year average of 2.0%.

5-year average
2%
10-year average
2.6%
All-time high (1994)
10.9%
All-time low (2013)
-0.9%

Trend

Inflation shows a downward trend. Compared to 2012, inflation has fallen by +2.4 percentage point.

Change vs. previous year
-2.4 percentage points
Largest monthly swing
November: -3.9 percentage points

ECB Target

Inflation is 2.9% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

Due to deflation, purchasing power increases. Money becomes more valuable instead of less.

What you could buy for €100 this year will cost approximately €99.10 next year at this inflation rate.

Multi-year trend

Monthly figures 2013

Inflation by category

Food and non-alcoholic beverages
-0.0%
+0.9vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
3.4%
+4.3vs avg.
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Clothing and footwear
-0.6%
+0.3vs avg.
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Housing, water, electricity, gas and other fuels
5.6%
+6.5vs avg.
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Furnishings, household equipment and maintenance
-3.6%
-2.8vs avg.
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Health
-2.8%
-1.9vs avg.
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Transport
-2.3%
-1.4vs avg.
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Communication
-4.4%
-3.5vs avg.
More details →
Recreation and culture
-3.0%
-2.1vs avg.
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Education
-4.1%
-3.2vs avg.
More details →
Restaurants and hotels
-2.1%
-1.2vs avg.
More details →
Miscellaneous goods and services
-3.8%
-2.9vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2012
January 0.2% -2.1
February 0.1% -2.0
March -0.2% -1.9
April -0.6% -2.5
May -0.4% -1.8
June -0.4% -1.7
July -0.7% -2.0
August -1.3% -3.0
September -1.1% -2.0
October -2.0% -3.6
November -2.9% -3.9
December -1.7% -2.5
Average -0.9%

Data source

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

See also