Inflation Greece 2019
Average inflation: 0.2%
Current Inflation
Inflation is very low at 0.2%, well below the ECB target.
Peak and Trough
The highest inflation was in April at 1.0%. The lowest inflation was in October at -0.7%.
- Highest month
- April: 1.0%
- Lowest month
- October: -0.7%
- Difference
- 1.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Communication with an average of 3.6%. The lowest price increase was in Furnishings, household equipment and maintenance with an average of -1.7%.
- Highest increase
- Communication: 3.6%
- Lowest increase
- Furnishings, household equipment and maintenance: -1.7%
Historical Context
Current inflation is around the 5-year average of -0.1%.
- 5-year average
- -0.1%
- 10-year average
- 0.7%
- All-time high (2010)
- 4.7%
- All-time low (2015)
- -1.7%
Trend
Inflation has remained relatively stable. Compared to 2018, the difference is minimal (-0.4 percentage point).
- Change vs. previous year
- -0.4 percentage points
- Largest monthly swing
- October: -2.5 percentage points
ECB Target
Inflation is 1.8% 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 €100.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2019
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2018 |
|---|---|---|
| January | 0.4% | +0.6 |
| February | 0.6% | +0.5 |
| March | 0.9% | +1.1 |
| April | 1.0% | +1.0 |
| May | 0.2% | -0.4 |
| June | -0.3% | -1.3 |
| July | 0.0% | -0.9 |
| August | -0.2% | -1.2 |
| September | -0.1% | -1.2 |
| October | -0.7% | -2.5 |
| November | 0.2% | -0.8 |
| December | 0.8% | +0.2 |
| Average | 0.2% |
Data source
Data from OECD. Last updated: 11/01/2026.