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.
Evento: 10 de novembro de 2026
Fonte primária: 10 de novembro de 2026
Publicado aqui: 10 de novembro de 2026 às 12:56 UTC
Ler: 2 min
O que aconteceu
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.
Por que importa para você
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%.
O que conferir e observar
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.
Onde está acontecendo
LIVEArraste para girar. Pontos verdes: a bolsa está negociando agora (horário normal, sem contar feriados). Sombra: onde agora é noite. Fronteiras: Natural Earth, terremotos: USGS. Ideia das camadas: 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.
Fatos confirmados
- 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]
Implicações
- ConfirmadoGreek inflation accelerated in October for a second month in a row.
- Nossa leituraEnergy and housing drive the rise, not food. This is our reading of ELSTAT data.
- Nossa leituraLower oil prices could slow fuel inflation in coming months. This is our inference.
Ainda não se sabe
- Whether inflation keeps rising in November
- How the Greek government responds to rising housing and energy costs
- How the ECB weighs single-country data
Quem é afetado
Greece, Europe. People living in or travelling to Greece, and anyone watching ECB rates and the euro
Fontes
- Hellenic Statistical Authority (ELSTAT): Consumer Price Index: October 2026, annual inflation 5.7% 10 de novembro de 2026 · oficial
- Investing.com: Greece's annual inflation rises to 5.7% in October 10 de novembro de 2026 · mídia
Capa: Gráfico de Freekonomist, uma imagem simbólica, não uma foto do evento. Este é um explicador de notícia, não recomendação financeira.
Mais matérias
BBAS3: Banco do Brasil stock drops over 10% as Q3 profit falls 66.5%
BBAS3, the Banco do Brasil share, fell more than 10% in early trade on 12 November after third-quarter profit dropped 66.5% to R$1.27 billion, farm-loan defaults rose and the bank cut its guidance and payout.
India inflation hits 6.09%, a two-year high above the RBI band
India's retail inflation rose to 6.09% in October from 5.54% in September, breaking above the central bank's 2-6% tolerance band. Food is the main driver, up 8.94%.
Serbia surprises with a rate hike to 6%, its first in over three years
The National Bank of Serbia raised its key rate by 0.25 points to 6% to stop costly energy from spreading to other prices. Economists polled by Bloomberg had expected a hold.
Morning brief by email
The night's key moves and what matters today, in 2 minutes. One-click unsubscribe.
BloFin
3M
7M
40M
60M
80M
250M