Inflation Greece 2015
Average inflation: -1.7%
Current Inflation
There is deflation with consumer prices declining by 1.7%.
Peak and Trough
The highest inflation was in December at -0.2%. The lowest inflation was in January at -2.8%.
- Highest month
- December: -0.2%
- Lowest month
- January: -2.8%
- Difference
- 2.6 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 2.0%. The lowest price increase was in Housing, water, electricity, gas and other fuels with an average of -6.4%.
- Highest increase
- Alcoholic beverages, tobacco and narcotics: 2.0%
- Lowest increase
- Housing, water, electricity, gas and other fuels: -6.4%
Historical Context
Current inflation is 1.9% lower than the 5-year average of 0.2%.
- 5-year average
- 0.2%
- 10-year average
- 1.7%
- All-time high (1996)
- 8.2%
- All-time low (2015)
- -1.7%
Trend
Inflation has remained relatively stable. Compared to 2014, the difference is minimal (-0.4 percentage point).
- Change vs. previous year
- -0.4 percentage points
- Largest monthly swing
- December: +2.4 percentage points
ECB Target
Inflation is 3.7% 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 €98.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2015
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2014 |
|---|---|---|
| January | -2.8% | -1.3 |
| February | -2.2% | -1.1 |
| March | -2.1% | -0.8 |
| April | -2.1% | -0.8 |
| May | -2.1% | -0.1 |
| June | -2.2% | -1.1 |
| July | -2.2% | -1.5 |
| August | -1.5% | -1.2 |
| September | -1.7% | -0.9 |
| October | -0.9% | +0.8 |
| November | -0.7% | +0.5 |
| December | -0.2% | +2.4 |
| Average | -1.7% |
Data source
Data from OECD. Last updated: 11/01/2026.