This marks a slight acceleration compared to May, when annual inflation stood at 2.5%, up from 2% in April.

The lowest annual inflation rates in the European Union were recorded in Cyprus (0.4%), France (0.6%), and Ireland (1.4%), according to the latest Eurostat data.

Almost 1 in 3 Greeks spend 40 % of their disposable income on housing needs, according to Eurostat data,

Inflation in Greece is projected to settle at 2.9% in 2025, according to the Bank of Greece (BoG).  The Bank of Greece’s Fiscal Monitor report underlines that the country’s consumer price index (CPI) is expected to amount to just under 3%, mainly due to persistent inflation in the services sector. According to the forecast, inflation […]

Inflation in Greece slowed to 2% in April 2025 from 2.4% in March.

The rising cost of ice cream means that a simple indulgence for a couple—whether in the city or on an island—could now cost up to 12 euros.

Many ferry routes to the Greek islands are already sold out for Greek Easter 2025, but Greeks are reeling from the steep prices.

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.

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, […]

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 […]

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.

The measure aims to lower the cost of doing business and everyday transactions in Greece, with an estimated annual cost to banks of approximately €150 million.

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.

Despite this decrease, Greece’s November inflation rate remained above the EU average and ranked as the tenth highest among EU countries.

Greece recorded a higher inflation rate than the EU average, ranking tenth among the countries with the highest inflation rates, for this year, Eurostat data showed