Greece’s annual inflation rate rose to 5.7% in October 2026, its highest level since February 2023, up from 5% in September. Price growth accelerated in several categories, including housing and utilities (15.1% vs 14.7%), transportation (13.8% vs 11.3%), recreation and culture (2.1% vs 1.6%), and clothing and footwear (3.8% vs 0.3%). Inflation also remained elevated in education (2.9%) and in insurance and financial services (3.5%).
In contrast, inflation eased for furnishings and household equipment (0.4% vs 0.6%) and for restaurants and hotels (5.8% vs 6.9%). Prices in information and communication declined at a faster pace (-2.2% vs -1.9%), while alcoholic beverages and tobacco slipped into deflation (-0.2% vs 0%). On a monthly basis, consumer prices rose 0.7% in October, slowing from a 2.1% increase in September.
