Greece Producer Inflation Holds at Over 3-Year High

Producer prices in Greece climbed 13.5% year-on-year in May 2026, following a 12.8% rise in the previous month and marking the highest reading since January 2023. Price growth accelerated across several categories, including intermediate goods (6.1% vs. 5.0% in April), capital goods (3.4% vs. 3.0%), durable consumer goods (2.1% vs. 1.5%), and energy (26.4% vs. 24.9%). Meanwhile, inflation for non-durable consumer goods eased slightly to 1.6% from 1.8%. On a monthly basis, producer prices declined 0.9% in May, reversing a 1.2% increase recorded in the previous period.

Producer prices in Greece climbed by 12.8% year-on-year in April 2026, accelerating from 8.3% in the previous month. It marked the highest reading since January 2023, as prices rose at a faster pace across all sub-components, particularly intermediate goods (5% vs 3.8% in March), capital goods (3% vs 1.6%), durable consumer goods (1.5% vs 1.1%), non-durable consumer goods (1.8% vs 1.6%), and energy (24.9% vs 15.3%). On a monthly basis, producer prices increased by 1.2%, slowing sharply from 10% in the previous month.

Producer prices in Greece jumped 8.3% year-on-year in March 2026, rebounding from a 1.7% decline in the previous month. This marked the first producer inflation in 2026 and the strongest growth since January 2023, as costs recovered sharply for energy (15.3% vs -6.7% in February). At the same time, prices rose for durable consumer goods (1.1% vs. 0.7%) and non-durable consumer goods (1.6% vs. 1.2%). Meanwhile, producer inflation eased slightly for capital goods (1.6% vs. 1.7%) and remained unchanged for intermediate goods at 3.8%. On a monthly basis, producer prices advanced by 10% in March, following a 1.9% increase in the preceding period.