Inflation in Greece slowed to 2% in April 2025 from 2.4% in March.
Compared to February, inflation decreased in 16 member states, remained unchanged in one, and rose in ten.
Rents have surged by more than 10% over the past year, and electricity prices have followed a similar trajectory.
"We are striking against the increasing cost of living crisis, we are striking for better wages"
Greece appears to be in a more difficult position when it comes to price hikes, just as we enter the era of Trump’s tariffs.
Inflation in Greece stood at 3.1% in March, from 3% in February, recording the highest monthly rise (+1.8%) in the Eurozone, according to preliminary estimates from Eurostat. Average inflation in the eurozone settled at 2.2%, compared to 2.3% in February. The high prices in Greece highlight the ongoing cost-of-living pressures in the country. Sources from the […]
The Bank of Greece has raised its inflation forecast for 2024 to 2.9%, up from a previous estimate of 2.5%, suggesting that price pressures will remain higher than initially anticipated.
Recent political turmoil in the country has sent inflation projection for 2025 1% higher than previous estimates.
For Greeks, the EU's push for stronger defense capabilities takes back seat to the need for a focus on addressing the cost-of-living crisis.
According to Eurostat data released today, the harmonized inflation rate in Greece stood at 3% in February, slightly down from 3.1% in January. Across the eurozone, annual inflation fell to 2.3% in February 2025 from 2.5% in January, compared to 2.6% recorded a year earlier. Meanwhile, inflation in the European Union reached 2.7% in February, […]
The data shows significant price increases in certain sectors, with hotels seeing a rise of 17.5%, air travel prices going up by 10.8%, rent rising by 9.9%, and health insurance premiums climbing by 7%.
Inflation in Greece saw a slight decline in February, settling at 3%, down from 3.1% in January, according to data from the European Union’s statistical authority, EUROSTAT. In the eurozone, inflation stood at 2.4% in February, compared to 2.5% the previous month. Examining the main components of inflation in the eurozone, services recorded the highest […]
Inflation in Greece will settle at 2.5% in 2025, and stand slightly over 2% in 2026, according to a projection by the Bank of Greece (BoG). The report estimates the cost of living will record an uptick to 2.5% in 2027. As per the BoG report, inflation in Greece measured by the Harmonized Index of Consumer […]
Among Eurozone countries, Ireland, Italy, and Finland recorded the lowest inflation rates in January, at 1.7% each
Food inflation in Greece remained nearly stagnant at just 0.1%, while the highest price increases were recorded in passenger air transport (31.6%), natural gas (26.5%), hotels-motels-inns (16.8%) and residential rents (9.2%).
In January, services recorded the highest annual inflation rate in the eurozone at 3.9%, slightly down from 4.0% in December, according to Eurostat's latest data.
According to recent data from ELSTAT (Hellenic Statistical Authority), inflation in Greece rate reached 3.5% in December 2023, up from 3% in November.
Based on the data processed by Circana, regarding price trends, the market is expected to show an increase of around 3% in value in 2025.
Overall inflation stood at 2.6% in December and averaged 2.7% for the entirety of 2024.
Energy prices in Greece also rose by 0.7% in Dec., compared to a 0.1% increase in the Eurozone.