Nearly 15% of the Greek population lacks access to at least seven out of thirteen basic goods and services, according to new data from the Hellenic Statistical Authority (ELSTAT), raising fresh questions about whether the country’s much-touted economic recovery is reaching ordinary households. The figure — 14.9% — is measured by the EU’s Europe 2030 […]

Across the euro area, annual inflation stood at 1.9% in February 2026, up from 1.7% in January and in line with Eurostat’s preliminary reading.

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%.

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

Strong growth forecasts for 2026 hinge on investment delivery, inflation control and the final stretch of EU recovery funds, raising concerns over whether ambitious targets can translate into lasting gains for incomes and productivity

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

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

During a charged parliament debate, leaders clash over Greece’s escalating cost-of-living pressures, with the PM arguing that wage growth and fiscal discipline are easing pressure on households, while LOTO accused the government of deepening inequality

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.

In supermarkets, IELKA measured inflation at just +1.6% in August, with price cuts in items such as detergents and paper goods but increases in fresh meat.

Inflation in Greece was the third-lowest rate in September, behind only Cyprus and France. Estonia posted the highest rate at 5.2%.

Inflation is projected to decline to 2.6% in 2026 and drop further to 2.4% in 2027, according to the central bank’s baseline scenario projections.

According to the report, inflation based on the Harmonized Index of Consumer Prices is expected to continue slowing during the projection period.

Greek households face mounting price pressures as inflation rises faster than in other southern EU states, hitting housing, food, and energy costs

The spike in fresh meat prices is largely due to a reduction in livestock in 2024 following widespread animal diseases and a rise in international prices for imported meats, particularly beef and pork—both heavily relied upon by the Greek market

Meanwhile, Greece's booming tourism industry—surging since last year and maintaining high levels this season—has added upward pressure on prices, especially in the services sector.