Inflation Greece 2026
Average inflation: 4.0%
Inflation in 2026
Inflation is high at 4.0%, well above the ECB target.
Peak and Trough
The highest inflation was in April at 5.4%. The lowest inflation was in January at 2.5%.
- Highest month
- April: 5.4%
- Lowest month
- January: 2.5%
- Difference
- 2.9 percentage points
- Months with data
- 9 of 12
Category Insights
The highest price increase was in Housing, water, electricity, gas and other fuels with an average of 8.8%. The lowest price increase was in Furnishings, household equipment and maintenance with an average of 0.2%.
- Highest increase
- Housing, water, electricity, gas and other fuels: 8.8%
- Lowest increase
- Furnishings, household equipment and maintenance: 0.2%
Historical Context
Inflation is around the 5-year average of 4.5%.
- 5-year average
- 4.5%
- 10-year average
- 2.4%
- All-time high (2022)
- 9.6%
- All-time low (2015)
- -1.7%
Trend
Over the period 2024-2026, inflation shows an upward trend. Compared to 2025, inflation has risen by 1.5 percentage points.
- Change vs. previous year
- +1.5 percentage points
- Largest monthly swing
- April: +3.4 percentage points
ECB Target
Inflation is 2.0 percentage points 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 €104 next year at this inflation rate.
Multi-year trend
Monthly figures 2026
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2025 |
|---|---|---|
| January | 2.5% | -0.2 |
| February | 2.7% | +0.2 |
| March | 3.9% | +1.5 |
| April | 5.4% | +3.4 |
| May | 5.2% | +2.7 |
| June | 4.4% | +1.6 |
| July | 3.4% | +0.3 |
| August | 3.8% | +0.9 |
| September | 5.0% | +3.1 |
| Average | 4.0% |
Data source
Data from OECD. Last updated: 26/10/2026. Not all months available yet.