What is Greece's current inflation rate?

Greece's annual inflation rate, measured by the harmonised index of consumer prices (HICP), is 5.1% as of September 2026 This is a flash estimate and may be revised at the final release..

Is Greece's inflation above or below the ECB's 2% target?

At 5.1%, it is 3.1 percentage points above the European Central Bank's 2% target.

How does Greece's inflation compare with the rest of Europe?

Greece ranks number 7 of 30 European economies by inflation, 1.3 points above the eurozone average of 3.8%.

Did Greece's inflation rise or fall last month?

Month on month, the headline rate rose from 3.7% to 5.1% in September 2026.

🇬🇷Greece inflation rate

released 2 Oct 2026 · data through September 2026 · flash estimate · next release expected 17 Oct 2026

Greece adopted the euro in 2001. Harmonised inflation (HICP) — the EU-harmonised measure that makes prices comparable across Europe — stands at 5.1% as of September 2026. That is 3.1 percentage points above the ECB's 2% target, and 1.3 points above the eurozone average of 3.8%.

The breakdown shows core (excluding energy and food) at 4.5%, energy at 25.4%, food at -0.2% and services at 6.3%. The strongest pressure is in energy (25.4%), while food is the softest (-0.2%).

Month on month the headline rose from 3.7% to 5.1%, extending the climb.

Greece ranks number 7 of 30 European economies by annual inflation, from highest to lowest, between Luxembourg and Spain.

Harmonised inflation (HICP) · annual rate

5.1%

vs 2% target

+3.1 pp

Harmonised inflation (HICP) is 5.1% as of September 2026 — that is 3.1 percentage points above the ECB's 2% target.

core (excluding energy and food)

4.5%

▲ 1.0 pp vs prev

energy

25.4%

▲ 10.0 pp vs prev

food

-0.2%

▼ 0.3 pp vs prev

services

6.3%

▲ 1.8 pp vs prev

Greece — annual HICP inflation rate, last 10 years

Source: Eurostat (HICP) · data through September 2026 · modifications: none

Compare with the rest of Europe on the European inflation ranking →

Frequently asked questions

What is Greece's current inflation rate?: Greece's annual inflation rate, measured by the harmonised index of consumer prices (HICP), is 5.1% as of September 2026 This is a flash estimate and may be revised at the final release..
Is Greece's inflation above or below the ECB's 2% target?: At 5.1%, it is 3.1 percentage points above the European Central Bank's 2% target.
How does Greece's inflation compare with the rest of Europe?: Greece ranks number 7 of 30 European economies by inflation, 1.3 points above the eurozone average of 3.8%.
Did Greece's inflation rise or fall last month?: Month on month, the headline rate rose from 3.7% to 5.1% in September 2026.

🇬🇷Greece inflation rate

Frequently asked questions

Greece — more indicators