Greece’s annual inflation rate rose for the fifth straight month to 2.2 percent in September of 2021, the highest since January of 2012. Main upward pressure came from prices of transport (7.8 percent vs 6.7 percent in August); housing (4.7 percent vs 4.4 percent) and food & non-alcoholic beverages & tobacco (3.1 percent vs 3 percent). On a monthly basis, consumer prices inched up 2.1 percent, the most since September of 2019, after a 0.1 percent decrease in the previous month. source: National Statistical Service of Greece
Inflation Rate in Greece averaged 7.97 percent from 1960 until 2021, reaching an all time high of 33.70 percent in January of 1974 and a record low of -2.90 percent in November of 2013. This page provides the latest reported value for - Greece Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Greece Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.
Inflation Rate in Greece is expected to be 2.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Greece Inflation Rate is projected to trend around 0.80 percent in 2022 and 1.40 percent in 2023, according to our econometric models.