Greece Inflation Rate  1960-2018 | Data | Chart | Calendar | Forecast

Consumer prices in Greece decreased 0.2 percent year-on-year in January of 2018, following a 0.7 percent gain in the previous month. It was the first drop in consumer prices since November of 2016, as prices fell for food and non-alcoholic beverages (-1.2 percent compared to 0.5 percent in December), namely fresh vegetables, potatoes, bread and cereals and milk. Additionally, cost declined further for housing (-1.2 percent compared to -0.8 percent); clothing and footwear (-2.0 percent compared to -1.6 percent) and recreation and culture (-1.7 percent compared to -1.6 percent). Also, prices slowed for transport (2.4 percent compared to 4.9 percent) and hotels, cafés and restaurants (1.1 percent compared to 1.2 percent). In contrast, cost decreased less for household equipment (-2.1 percent compared to -2.2 percent) and health (-0.8 percent compared to -1.2 percent). On a monthly basis, consumer prices went down 1.6 percent, after a 0.5 percent gain in December. Inflation Rate in Greece averaged 8.48 percent from 1960 until 2018, 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.

Greece Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-12-08 10:00 AM Inflation Rate YoY 1.1% 0.7% 1.0% 0.9%
2018-01-12 10:00 AM Inflation Rate YoY 0.7% 1.1% 1.1%
2018-02-15 10:00 AM Inflation Rate YoY -0.2% 0.7% 0.9%
2018-03-09 10:00 AM Inflation Rate YoY -0.2% -0.20%
2018-04-13 09:00 AM Inflation Rate YoY -0.30%
2018-05-10 09:00 AM Inflation Rate YoY -0.40%


Greece Prices Last Previous Highest Lowest Unit
Inflation Rate -0.20 0.70 33.70 -2.90 percent [+]
Consumer Price Index CPI 104.55 106.33 111.34 1.14 Index Points [+]
Harmonised Consumer Prices 100.00 101.24 104.67 58.92 Index Points [+]
Core Consumer Prices 99.00 100.20 105.30 96.90 Index Points [+]
Core Inflation Rate 0.40 0.10 3.13 -16.39 percent [+]
GDP Deflator 94.42 95.58 100.80 58.61 Index Points [+]
Producer Prices 103.40 103.40 114.60 76.10 Index Points [+]
Producer Prices Change 2.10 5.50 15.57 -11.40 percent [+]
Import Prices 100.55 99.54 115.00 1.12 Index Points [+]
Inflation Rate Mom -1.60 0.50 5.98 -2.08 percent [+]
CPI Housing Utilities 119.20 119.15 134.22 63.28 Index Points [+]
CPI Transportation 119.96 121.19 129.60 76.55 Index Points [+]
Food Inflation -1.20 0.50 12.85 -3.00 percent [+]


Greece Inflation Rate

In Greece, the most important categories in the consumer price index are: food and non-alcoholic beverages (17 percent of total weight); transport (13 percent); housing (12 percent) and hotels, cafés and restaurants (11 percent). The index also includes: clothing and footwear (9 percent); health (7 percent); furnishing and household equipment (7 percent); recreation and culture (5 percent); communication (5 percent). Education, alcoholic beverages, tobacco and other goods and services account for the remaining 14 percent of total weight. 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 - actual data, historical chart and calendar of releases - was last updated on February of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-0.20 0.70 33.70 -2.90 1960 - 2018 percent Monthly




inflation rate by Country
Country Last
Australia 1.90 Dec/17
Brazil 2.86 Jan/18
Canada 1.90 Dec/17
China 1.50 Jan/18
Euro Area 1.30 Jan/18
France 1.30 Jan/18
Germany 1.60 Jan/18
India 5.07 Jan/18
Indonesia 3.25 Jan/18
Italy 0.90 Jan/18
Japan 1.00 Dec/17
Mexico 5.55 Jan/18
Netherlands 1.50 Jan/18
Russia 2.20 Jan/18
South Korea 1.00 Jan/18
Spain 0.60 Jan/18
Switzerland 0.70 Jan/18
Turkey 10.35 Jan/18
United Kingdom 3.00 Jan/18
United States 2.10 Jan/18


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