Inflation Rate in Greece increased to 2.80 percent in June from 2.50 percent in May of 2025. This dataset provides the latest reported value for - Greece Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2024, the average inflation rate in Greece amounted to approximately three percent. Between 1980 and 2024, the figure dropped by around 21.87 percentage points, though the decline followed an uneven course rather than a steady trajectory. The inflation is forecast to decline by about 0.98 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator measures inflation based upon the year-on-year change in the average consumer price index, expressed in percent. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services.

Graph and download economic data for Inflation, consumer prices for Greece (FPCPITOTLZGGRC) from 1960 to 2024 about Greece, consumer, CPI, inflation, price index, indexes, and price.

Harmonised Inflation Rate YoY in Greece increased to 3.60 percent in June from 3.30 percent in May of 2025. This dataset includes a chart with historical data for Greece Harmonised Inflation Rate YoY.

Key information about Greece Consumer Price Index CPI growth

• Greece Consumer Price Index (CPI) growth was measured at 2.5 % YoY in Feb 2025, compared with a rate of 2.7 % in the previous month.
• Greece Consumer Price Index growth data is updated monthly, available from Jan 1956 to Feb 2025, with an averaged number of 3.7 % YoY.
• The data reached an all-time high of 33.6 % YoY in Jan 1974 and a record low of -2.9 % YoY in Nov 2013.

CEIC calculates Consumer Price Index Growth from monthly Consumer Price Index. Hellenic Statistical Authority provides Consumer Price Index with base 2020=100. Hellenic Statistical Authority applies a chain linked methodology for the Consumer Price Index. The intermediate situation to which the indices are chain-linked is December of the previous year. Consumer Price Index Growth prior to January 1960 is sourced from the International Monetary Fund.

As of April 2025, the inflation rate in the European Union was 2.4 percent, with prices rising fastest in Romania, which had an inflation rate of 4.9 percent. By contrast, both France and Cyprus saw low inflation rates during the same period, with France having the lowest inflation rate in the EU during this month. The rate of inflation in the EU in the October 2022 was higher than at any other time, with the peak prior to 2021 recorded in July 2008 when prices were growing by 4.4 percent year-on-year. Before the recent rises in inflation, price rises in the EU had been kept at relatively low levels, with the inflation rate remaining below three percent between January 2012 and August 2021. Rapid recovery and energy costs driving inflation The reopening of the European economy in 2021 following the sudden shock of COVID-19 in 2020 is behind many of the factors that have caused prices to rise so quickly in 2022. Global supply chains have not yet recovered from production issues, travel restrictions, and workforce problems brought about by the pandemic. Rising energy costs have only served to exacerbate supply problems, particularly with regard to the transport sector, which had the highest inflation rate of any sector in the EU in December 2021. High inflation rates mirrored in the U.S. The high inflation rates seen in Europe have been reflected in other parts of the world. In the United States, for example, the consumer price index reached a 40-year-high of seven percent in December 2021, influenced by many of the same factors driving European inflation. Nevertheless, it is hoped that once these supply chain issues ease, inflation levels will start to fall throughout the course of 2022.

Unemployment Rate in Greece decreased to 7.90 percent in May from 8.30 percent in April of 2025. This dataset provides the latest reported value for - Greece Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

This dataset provides values for INFLATION RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Consumer Price Index CPI in Greece increased to 121.51 points in June from 120.57 points in May of 2025. This dataset provides the latest reported value for - Greece Consumer Price Index (CPI) - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Greece gni per capita for 2023 was $22,590, a 2.82% increase from 2022.

<ul style='margin-top:20px;'>

<li>Greece gni per capita for 2022 was <strong>$21,970</strong>, a <strong>9.85% increase</strong> from 2021.</li>
<li>Greece gni per capita for 2021 was <strong>$20,000</strong>, a <strong>11.92% increase</strong> from 2020.</li>
<li>Greece gni per capita for 2020 was <strong>$17,870</strong>, a <strong>9.24% decline</strong> from 2019.</li>
</ul>GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.

Cost of food in Greece increased 2.30 percent in June of 2025 over the same month in the previous year. This dataset provides - Greece Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Technical testing and analysis companies provide crucial services to companies in all sectors of the economy. The construction, industrial production and energy sectors are the major markets for these services. These sectors depend on wider economic conditions, often dictating their demand for testing and analysis services. The COVID-19 outbreak and subsequent inflationary environment have heavily weighed on construction and manufacturing output, decimating demand for testing and analysis services. Revenue is projected to contract at a compound annual rate of 4.4% to €63.9 billion over the five years through 2024, including an estimated dip of 1.6% in 2024. A growing number of companies operating across Europe, alongside rising industrial production and a higher value of construction, have supported industry demand. However, strict lockdown restrictions during the COVID-19 outbreak hindered business sentiment and investment, delaying or cancelling major projects. The reduced level of industrial production and construction activity limited spending on testing services in 2020. As conditions improved and activity in the manufacturing and construction sectors rebounded, the need for materials and products to be tested surged. However, soaring inflation and heightened economic uncertainty have weakened spending on technical testing and analysis services as output in downstream markets has suffered. Improving economic conditions and lower European inflation rates will stimulate greater investment and business spending, with demand for technical testing and analysis following suit. Government funding and initiatives supporting the manufacturing and construction sectors will further bolster demand. Environmental efforts, driven by EU and UK's sustainability targets, will also generate an uptick for testing services as businesses strive to achieve accreditations and comply with regulations. Investments in advanced technology like AI, drones and telecommunication infrastructure will boost the need for comprehensive testing, especially in cybersecurity due to increasing threats. A growing number of testing and analysis companies will consequently expand their capabilities to reap the benefits of these opportunities. Revenue is forecast to expand at a compound annual rate of 4.3% to €78.8 billion over the five years through 2029.

The statistic lists the 20 countries with the lowest inflation rate in 2023. In 2023, China ranked 5th with a inflation rate of about 0.23 percent compared to the previous year. Inflation rates and the financial crisis Due to relatively stagnant worker wages as well as a hesitation from banks to so easily distribute loans to the ordinary citizen, inflation has remained considerably low. Low inflation rates are most apparent in European countries, which stems from the on-going Eurozone debt crisis as well as from the global financial crisis of 2008. With continuous economical struggles and a currently sensitive economic situation throughout Europe, precautions were taken in order to maintain stability and to prevent consequential breakdowns, such as those in Greece and Spain. Additionally, the average European consumer had to endure financial setbacks, causing doubt in the general future of the entire European Union, as evident in the consumer confidence statistics, which in turn raised the question, if several handpicked countries should step out of the EU in order to improve its economic position. Greece, while perhaps experiencing the largest economic drought out of all European countries, improved on its inflation rate. The situation within the country is slowly improving itself as a result of a recent bailout as well as economic stimulus packages issued by the European Union. Furthermore, the Greek government managed its revenues and expenses more competently in comparison to the prime of the global and the Greek financial crisis, with annual expenses only slightly exceeding yearly revenues.

The statistic shows Japan's national debt from 2020 to 2023 in relation to gross domestic product (GDP), with projections up until 2030. In 2023, the national debt of Japan amounted to about 239.97 percent of the gross domestic product. An eye on Japan’s national debt Japan’s national debt ranks first among countries with the highest debt levels in the world, far surpassing the debt levels of Greece - which ranks number two - whose financial crisis has been in the spotlight recently. Italy is third, followed by Jamaica, Lebanon and Enritrea. Currently, Japan’s national debt amounts more than a thousand trillion yen and the country’s debt is predicted to keep rising for the foreseeable future, albeit only slightly. Japan’s national debt is not without consequence for the global economy, because the country claims the fourth-largest share in global gross domestic product. Therefore, the effects on the global economy would and could have a much greater global impact than that of a country such as Greece - considering its share of the global economy adjusted for purchase power parity was less than 0.29 percent in 2011. The debt levels of China, the United States and India should also be watched closely as they together make up the largest share of global GDP. At the moment, Japan’s inflation rate is among the lowest in the world, but as Japan attempts to reduce its national debt, this could change.

Producer Prices in Greece increased 2 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Greece Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

This statistic shows the national debt in the member states of the European Union in the second quarter of 2024. The data refer to the entire state and are comprised of the debts of central government, provinces, municipalities, local authorities and social security. In the second quarter of 2024, Greece's national debt amounted to about 369.4 billion euros. National debt in the EU member states National or government debt is the debt owed by a central government. No country in the European Union is debt-free, although some are able to manage their debts better than others. Debt is influenced by the economic situation of a country, factors such as unemployment, the rate of inflation or the trade figures have a significant impact on its extent, and are, in turn, influenced by the national debt. The economic crisis has hit some EU countries harder than others; Spain, Ireland and Greece especially have been struggling economically since 2008. Greece’s national debt has skyrocketed over the past few years, and the same can be said about Spain and Ireland. Other EU countries, like France and the United Kingdom have been affected as well, albeit not as severely. The national debt of a country can be reduced by applying several measures: money can be borrowed (for example in the form of rescue packages), austerity programs can be enforced, taxes can be increased or central banks can inject liquidity into the economy through the implementation of quantitative easing policies. Some critics of the policy claim that this could lead to a higher level of inflation, which, if severe enough, could have a detrimental impact on living standards.

Wskaźnik cen konsumpcyjnych w Grecji wzrósł o 0,20 procent w maju 2025 roku w porównaniu z poprzednim miesiącem. Ta strona zawiera najnowszą zgłoszoną wartość dla - Stopa Inflacji w Grecji M/M - oraz poprzednie publikacje, historyczne maksima i minima, krótkoterminową prognozę i długoterminową predykcję, kalendarz ekonomiczny, konsensus ankiety i wiadomości.

Greece - Construction cost index was EUR122.10 points in March of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Greece - Construction cost index - last updated from the EUROSTAT on July of 2025. Historically, Greece - Construction cost index reached a record high of EUR122.10 points in March of 2025 and a record low of EUR76.10 points in March of 2000.