The annual inflation rate in Greece rose to 3.8% in August 2026, up from 3.4% in the prior month. The acceleration was mainly due to higher price growth for housing and utilities, rising to 9.7% from 8.8%, and transport, which rose further to 7.7% from 7.4%. Additional upward pressure was due to higher inflation for food (0.9% vs 0.4%), restaurants and hotels (6% vs 5.8%), health (1.3% vs 1.1%) and clothing and footwear (5.3% vs 3.3%). Meanwhile, inflation stood at 2.8% for educational services and at 3.4% for insurance and financial services, while deflation moderated slightly for information and communication (-2.6% vs -2.7%). In contrast, price growth slowed for furnishings (0.3% vs 0.4%), recreation, sports and culture (1.2% vs 1.3%). On a monthly basis, consumer prices rose 0.4%, rebounding from a 1.4% drop in July. source: National Statistical Service of Greece

Inflation Rate in Greece increased to 3.80 percent in August from 3.40 percent in July of 2026. Inflation Rate in Greece averaged 7.71 percent from 1960 until 2026, 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 September of 2026.

Inflation Rate in Greece increased to 3.80 percent in August from 3.40 percent in July of 2026. Inflation Rate in Greece is expected to be 4.30 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 2.70 percent in 2027 and 2.40 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-07 09:00 AM
Inflation Rate YoY
Jul 3.4% 4.4% 3.5%
2026-09-09 09:00 AM
Inflation Rate YoY
Aug 3.8% 3.4% 4.1%
2026-10-09 09:00 AM
Inflation Rate YoY
Sep 3.8% 4.3%



Components Last Previous Unit Reference
Food Inflation 0.90 0.40 percent Aug 2026

Related Last Previous Unit Reference
Consumer Price Index CPI 125.63 125.12 points Aug 2026
Core Consumer Prices 118.29 118.02 points Aug 2026
Core Inflation Rate 2.60 2.70 percent Aug 2026
CPI Housing Utilities 141.53 140.22 points Aug 2026
CPI Transportation 137.15 134.16 points Aug 2026
GDP Deflator 125.72 123.60 points Jun 2026
Harmonised Consumer Prices 104.12 103.72 points Aug 2026
Import Prices 118.65 113.65 points Jul 2026
Inflation Rate YoY 3.80 3.40 percent Aug 2026
Inflation Rate MoM 0.40 -1.40 percent Aug 2026
Producer Prices 136.31 132.53 points Jul 2026
PPI YoY 11.80 8.80 percent Jul 2026


Greece Inflation Rate
In Greece, the most important categories in the consumer price index are: food and non-alcoholic beverages (21 percent of total weight); housing (16 percent); and transport (14 percent). The index also includes: hotels, cafés and restaurants (10 percent); health (8 percent); miscellaneous goods and services (7 percent); and clothing and footwear (6 percent). Household equipment, alcoholic beverages, tobacco, communication, recreation and culture, and education account for the remaining 19 percent of total weight.
Actual Previous Highest Lowest Dates Unit Frequency
3.80 3.40 33.70 -2.90 1960 - 2026 percent Monthly
2020=100

News Stream
Greece Annual Inflation Accelerates in August
The annual inflation rate in Greece rose to 3.8% in August 2026, up from 3.4% in the prior month. The acceleration was mainly due to higher price growth for housing and utilities, rising to 9.7% from 8.8%, and transport, which rose further to 7.7% from 7.4%. Additional upward pressure was due to higher inflation for food (0.9% vs 0.4%), restaurants and hotels (6% vs 5.8%), health (1.3% vs 1.1%) and clothing and footwear (5.3% vs 3.3%). Meanwhile, inflation stood at 2.8% for educational services and at 3.4% for insurance and financial services, while deflation moderated slightly for information and communication (-2.6% vs -2.7%). In contrast, price growth slowed for furnishings (0.3% vs 0.4%), recreation, sports and culture (1.2% vs 1.3%). On a monthly basis, consumer prices rose 0.4%, rebounding from a 1.4% drop in July.
2026-09-09
Greece Inflation Rate at 5-Month Low
The annual inflation rate in Greece fell to 3.4% in July 2026, a five-month low, from 4.4% in June. Prices slowed for housing & utilities (8.8% vs 10.6%), food and non-alcoholic beverages (0.4% vs 2.7%), restaurants & hotels (5.8% vs 7.7%), recreation & culture (1.3% vs 1.7%), and furnishings & household equipment (0.4% vs 0.5%). Also, inflation was steady for health (at 1.1%) and education (at 2.8%). On the other hand, cost accelerated for transport (7.4% vs 7.2%) and clothing & footwear (3.3% vs 0.5%). On a monthly basis, consumer prices fell 1.4%, after being flat in June.
2026-08-07
Greece Inflation Rate at 3-Month Low
The inflation rate in Greece rose by 4.4% year-on-year in May 2026, easing from 5.2% in the previous month. This marked the slowest growth in three months as costs moderated for food and non-alcoholic beverages (2.7% vs 3.5% in April), housing utilities (10.6% vs 11.6%), health (1.1% vs 1.2%), transportation (7.2% vs 11.5%), and restaurants and hotels (7.7% vs 8.5%). Additionally, price growth remained steady for education (at 2.8%). On the other hand, prices increased for miscellaneous goods and services (1.1% vs 0.9%), while costs recovered for alcoholic beverages and tobacco (0.3% vs -0.1%) and clothing and footwear (0.5% vs -0.9%). On a monthly basis, consumer prices recorded a flat reading in May, unchanged from the preceding period. Meanwhile, the EU-harmonised annual inflation rate rose 3.9%, slowing from 4.9% in April.
2026-07-09