On a monthly basis, the CPI increased by 0.1% in February compared with January.

Compared with Jan. 2026, the price index fell by 0.19%, while the rolling 12-month period from March 2025 to Feb. 2026 shows a cumulative increase of 1.55%.

Among the main components, services posted the fastest annual growth at 3.4% in Feb., up from 3.2% in Jan. Food, alcohol, and tobacco remained steady at 2.6%.

Eurozone inflation eased to 1.7% in January 2026, while consumer prices in Greece fell month over month, according to final data from Eurostat. Services remained the main driver of price pressures across the euro area

Despite government pledges, modest pay raises in 2025 failed to match inflation, shrinking real incomes and leaving Greek households worse off as the wage gap with Europe remains wide

Food prices remained a key driver of inflation. Beef prices surged 25.4% year-on-year, lamb rose 8.5%, and fruit prices climbed 11.8%.

Wage earners saw little benefit from Greece’s roughly 2% economic growth, as incomes failed even to keep pace with inflation.

Across the eurozone, annual inflation is expected to settle at 1.7% in January, down from 2.0% in December.

Investment activity by Turkish buyers in Greek property has surged in recent years, largely driven by Turkey’s economic pressures, with inflation exceeding 30%.

Despite easing energy and food prices, Alpha Bank analysis shows that strong demand, booming tourism and rising wages are keeping inflation in Greece well above the eurozone average

Across the European Union, Cyprus posted the lowest inflation at just 0.1%, while France recorded 0.7%, Italy 1.2%, and Finland 1.8%.

Looking ahead, inflation is expected to fall sharply to 2.1% in 2026, remain largely unchanged at 2.2% in 2027, and then experience a one-off increase to 2.5% in 2028.

Food inflation remained a major driver, accelerating to 2.7% and outpacing the overall rate.

The increase was driven largely by the services sector, where prices rose at an annual rate of 4.7%, compared with 2.8% a month earlier.

The government’s 2026 draft budget, delivered to Parliament on Thursday, outlines tax relief for families, young people, and the middle class, alongside strong growth forecasts and expanding public and private investment

Greece recorded one of the lowest inflation rates in the EU—1.6%, down from 1.8% the previous month.

Fresh data show Greece’s inflation rate easing to 1.6% in October, driven by lower increases in energy and services, though average inflation for 2025 remains above the eurozone.

Food, rent, and hospitality costs pushed prices higher in Greece in October, while olive oil prices dropped sharply, according to ELSTAT’s latest inflation data

In its weekly analysis, the Greek bank stresses that inflation in Greece stands at an average of 3% compared to the 2.1% in the Eurozone.