The coast of Greece

Inflation in Greece

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

Free sample report

Interested in economic reports, analysis and data? FocusEconomics provides data, forecasts and analysis for hundreds of countries and commodities. Request your free sample report now.

Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest