The Consumer Price Index in Greece decreased 0.60 percent in August of 2020 over the previous month.

Inflation Rate Mom in Greece averaged 0.62 percent from 1959 until 2020, reaching an all time high of 5.98 percent in November of 1973 and a record low of -2.08 percent in August of 1974. This page provides the latest reported value for - Greece Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Greece Inflation Rate MoM - values, historical data and charts - was last updated on October of 2020.

Inflation Rate Mom in Greece is expected to be 1.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate Mom in Greece to stand at 0.20 in 12 months time. In the long-term, the Greece Inflation Rate MoM is projected to trend around 0.30 percent in 2021 and 0.20 percent in 2022, according to our econometric models.

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Greece Inflation Rate MoM

Actual Previous Highest Lowest Dates Unit Frequency
-0.60 -1.70 5.98 -2.08 1959 - 2020 percent Monthly

Greece Prices Last Previous Highest Lowest Unit
Inflation Rate -2.00 -1.90 33.70 -2.90 percent [+]
Consumer Price Index CPI 105.40 103.30 111.34 1.14 points [+]
Harmonised Consumer Prices 100.91 99.45 104.67 58.92 points [+]
Core Consumer Prices 97.60 99.50 105.30 96.90 points [+]
Core Inflation Rate -0.80 -0.90 3.13 -16.39 percent [+]
GDP Deflator 96.54 96.93 100.82 58.67 points [+]
Producer Prices 95.70 95.90 111.80 74.20 points [+]
Producer Prices Change -6.60 -7.90 15.57 -13.90 percent [+]
Import Prices 102.66 101.91 122.09 1.19 points [+]
Inflation Rate Mom -0.60 -1.70 5.98 -2.08 percent [+]
CPI Housing Utilities 113.34 113.26 134.22 63.28 points [+]
CPI Transportation 116.51 117.44 130.61 76.55 points [+]
Food Inflation 1.90 1.80 12.85 -3.00 percent [+]


Greece Inflation Rate MoM
In Greece, the most important categories in the consumer price index are: food and non-alcoholic beverages (17 percent of total weight); transport (13 percent); housing (12 percent) and hotels, cafés and restaurants (11 percent). The index also includes: clothing and footwear (9 percent); health (7 percent); furnishing and household equipment (7 percent); recreation and culture (5 percent); communication (5 percent). Education, alcoholic beverages, tobacco and other goods and services account for the remaining 14 percent of total weight.