Inflation Rate (CPI): Greece

Analysis# Greece Inflation Rate (CPI) Greece's inflation rate stands at 2.5% in 2026, reflecting a dramatic stabilization after decades of volatility. The country has descended 90% from its 1980 peak of 24.9%, when double-digit inflation plagued the economy. The 2014 low of -1.4% marked the depths of deflationary pressure during the eurozone crisis, demonstrating the extremes Greece has endured across the measured period from 1980 to 2030. The most striking recent development occurred in 2022, when inflation spiked to 9.3%—the highest level in over two decades—before entering a sustained decline through 2023 (4.2%) and 2024 (3%). The current trajectory toward 2.5% suggests Greece is approaching price stability aligned with eurozone norms. Barring external shocks, the inflation rate appears positioned to remain in the 2-3% range, signaling a return to moderate, predictable economic conditions after years of crisis-driven extremes.