Greece Inflation
Harmonized inflation drops to lowest level since September 2021 in June
Harmonized inflation fell to 2.8% in June below May’s 4.1%. June’s figure represented the lowest inflation rate since September 2021. The result was largely driven by a sharper decline in transportation prices. Moreover, prices for restaurants and hotels rose at a slower pace. That said, food inflation accelerated.
The trend pointed down, with annual average harmonized inflation coming in at 7.5% in June (May: 8.2%). Meanwhile, consumer price inflation fell to 1.8% in June, from the previous month’s 2.8%.
Finally, harmonized consumer prices increased 0.91% in June over the previous month, picking up from May’s 0.54% increase.
Greece Inflation Chart
This chart displays Inflation (HICP, ann. var. %, aop) for Greece from 2013 to 2022.
Greece Inflation Data
| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Inflation (HICP, ann. var. %, aop) | 0.8 | 0.5 | -1.3 | 0.6 | 9.3 |
| Inflation (CPI, ann. var. %, eop) | 0.6 | 0.8 | -2.3 | 5.1 | 7.2 |
| Inflation (HICP, ann. var. %, eop) | 0.6 | 1.1 | -2.4 | 4.4 | 7.6 |
| Inflation (PPI, ann. var. %, aop) | 4.3 | 0.4 | -7.3 | 13.8 | 35.1 |