Greece inflation hits 5.7%, the highest since early 2023
Greek prices rose 5.7% year on year in October, up from 5.0% in September. Housing with utilities and transport rose the most.
الحدث: 10 نوفمبر 2026
المصدر الأساسي: 10 نوفمبر 2026
نُشر هنا: 10 نوفمبر 2026 في 12:56 م UTC
اقرأ: 2 دقيقة
ماذا حدث
On November 10 Greece's statistics agency ELSTAT released the October consumer price index. Prices rose 5.7% year on year, up from 5.0% in September and 2.0% a year earlier. On the month prices rose 0.7%. It is the fastest annual pace since February 2023.
لماذا يهمك
Housing, water, electricity and gas did most of the work: up 15.1% on the year. Transport rose 13.8% on diesel and petrol. That squeezes Greek households and tourists too: restaurants and hotels were up 5.8%.
ماذا تتحقق منه وتراقبه
Average inflation over 12 months is already 3.9%. Watch whether energy prices cool after the drop in oil. The next data come in December. This is an overview, not advice.
أين يحدث ذلك
LIVEاسحب للتدوير. النقاط الخضراء: البورصة تتداول الآن (الساعات العادية، دون احتساب العطل). الظل: حيث الليل الآن. الحدود: Natural Earth، الزلازل: USGS. فكرة الطبقات: God’s Eye View (MIT).
What happened. Greece's consumer price index rose 5.7% in October 2026 versus October 2025. In September the rise was 5.0%. On the month the index gained 0.7%. In ELSTAT's table the last higher annual rate was February 2023 at 6.1%.
What rose most. Housing, water, electricity, gas and other fuels were up 15.1% on the year: rents, repairs, electricity, gas, heating oil. Transport rose 13.8%: diesel, petrol, car repairs, air tickets. Restaurants, cafes and hotels rose 5.8%.
What barely moved. Food and soft drinks rose 2.1% on the year. But in October alone food rose 2.3%. Information and communication fell 2.2% on the year. Alcohol and tobacco fell 0.2%.
The trend. The 12-month average index rose 3.9%, versus 2.5% a year earlier. Inflation reached 5.4% in the spring, eased to 3.4% in summer and has climbed again this autumn.
Why markets care. Greece is in the euro area, so the ECB sets its interest rate. Fast price growth in member states feeds the debate on keeping rates higher. How much this weighs on ECB decisions is not yet known.
حقائق مؤكدة
- Greece's consumer price index rose 5.7% year on year and 0.7% month on month in October 2026.[1][2]
- Annual inflation was 5.0% in September 2026 and 2.0% in October 2025.[1]
- Housing, water, electricity, gas and fuels rose 15.1% on the year, transport 13.8%.[1]
- Restaurants and accommodation rose 5.8% on the year, food and soft drinks 2.1%.[1]
- Information and communication fell 2.2% on the year.[1]
- The 12-month average index rose 3.9%.[1]
- The last time annual inflation was higher was February 2023, at 6.1%.[1]
التبعات
- مؤكدGreek inflation accelerated in October for a second month in a row.
- قراءتناEnergy and housing drive the rise, not food. This is our reading of ELSTAT data.
- قراءتناLower oil prices could slow fuel inflation in coming months. This is our inference.
لا يزال مجهولًا
- Whether inflation keeps rising in November
- How the Greek government responds to rising housing and energy costs
- How the ECB weighs single-country data
من يتأثر
Greece, Europe. People living in or travelling to Greece, and anyone watching ECB rates and the euro
المصادر
- Hellenic Statistical Authority (ELSTAT): Consumer Price Index: October 2026, annual inflation 5.7% 10 نوفمبر 2026 · رسمي
- Investing.com: Greece's annual inflation rises to 5.7% in October 10 نوفمبر 2026 · إعلام
الغلاف: رسم Freekonomist، صورة رمزية، لا صورة للحدث. هذا شرح إخباري، لا نصيحة مالية.
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