Inflation in Greece climbed to 3.6% in June, up from 3.3% in May, according to preliminary data released by Eurostat on Tuesday, July 1.

The latest figure marks one of the highest inflation rates in the European Union, ranking fifth among member states.

The June figure also represents a significant jump compared to the same month in 2024, when inflation stood at 2.5%. On a month-to-month basis, Greece recorded the sharpest inflation increase across the EU.

Across the eurozone, the consumer price index rose slightly to 2% in June from 1.9% in May, staying close to the European Central Bank’s inflation target.

Looking at the main components of inflation in the eurozone, services are expected to post the highest annual rate in June, rising slightly to 3.3% from 3.2% in May, according to Eurostat’s preliminary data.

They are followed by food, alcohol, and tobacco, which saw a modest dip to 3.1% from 3.2% the previous month. Non-energy industrial goods slowed further to 0.5% from 0.6%. Energy prices, while still in negative territory, eased their decline to -2.7% from -3.6% in May.