Greece Inflation Eases Slightly in January

The annual inflation rate in Greece accelerated to 2.7% in February 2026 from 2.5% in January, marking the highest reading since last August. Inflation mainly accelerated for food and non-alcoholic beverages (5.2% vs 4.5%) and housing and utilities (2.6% vs 2.1%). Price growth also picked up for clothing and footwear (10.1% vs 8.0%), health (0.5% vs 0.4%), and transport (1.0% vs 0.9%). In contrast, costs rose at a softer pace for recreation, sport and culture (1.5% vs 2.0%) and restaurants and accommodation services (6.5% vs 6.8%), while they stalled for alcoholic beverages and tobacco (0.0% vs 2.0%) and furnishings, household equipment, and routine household maintenance (0.0% vs -0.5%). On a monthly basis, consumer prices increased 0.1%, rebounding from a 0.8% decline in January. Meanwhile, the EU-harmonized annual inflation rate picked up to 3.1%, the highest reading since last August, and up from 2.9% previously.

The annual inflation rate in Greece edged down to 2.5% in January 2026 from a four-month high of 2.6% in December. Price growth slowed in housing and utilities (2.1% vs 2.8% in December), transport (0.9% vs 1.7%), and restaurants and accommodation services (6.8% vs 6.9%). Decreases were also observed in prices of furnishings, household equipment and maintenance (-0.5% vs 0.5%), miscellaneous goods and services (-0.7% vs 0.6%), and communication (-1.6% vs 0.3%). In contrast, inflation accelerated for food and non-alcoholic beverages (4.5% vs 3.6%), clothing and footwear (8.0% vs 1.8%), recreation and culture (2.0% vs 1.0%), while remained steady for education (at 2.8%) and health (at 0.4%). On a monthly basis, consumer prices fell by 0.8% in January, the first decline in six months, following a 0.3% rise in December.

The annual inflation rate in Greece rose to 2.6% in December 2025 from 2.4% in the previous month. This marked the highest rate since August, mainly driven by a faster price increase for food and non-alcoholic beverages, accelerating to a twenty-month high of 3.6% from 2.7% in November. Additionally, inflation increased further clothing and footwear (1.8% vs 1.3%), transport (1.7% vs 0.7%), and recreation and culture (1% vs 0.7%), while it remained steady for household equipment (at 0.5%), education (at 2.8%), and miscellaneous goods and services (at 0.6%). On the other hand, price growth softened for housing (2.8% vs 3.7%), health (0.4% vs 0.6%), and communication (0.3% vs 0.5%). On a monthly basis, consumer prices grew by 0.3% in December, following a 0.1% gain in the preceding period.