Inflation in Greece climbed to 2.8% in June 2025, according to
Inflation in Greece climbed to 2.8% in June 2025, according to data released by the Hellenic Statistical Authority (ELSTAT). The harmonized index of consumer prices – used for EU comparisons – increased by 3.6% over the same period.
This marks a slight acceleration compared to May, when annual inflation stood at 2.5%, up from 2% in April.
Looking at the broader trend, the average Consumer Price Index (CPI) for the 12-month period from July 2024 to June 2025 rose by 2.6%, slightly lower than the 2.8% increase recorded in the previous 12-month comparison (July 2023–June 2024 against July 2022–June 2023).
Steep Price Hikes in Rents, Clothing, and Utilities
Rents surged by 11.4% year-on-year, while clothing and footwear saw a 4.9% increase. Food prices continued their upward trend with an overall rise of 2.3%, though some individual categories posted much sharper increases: fresh fish (up 9.7%), fruit (8.1%), and coffee, tea, and cocoa (10.8%).
Electricity costs soared by 23.1%, contributing significantly to the overall inflation figure. However, heating oil prices dropped by 12.9%, and olive oil saw a dramatic decline of 32.9%, helping to offset some of the pressure on household budgets.
Travel and Hospitality Costs on the Rise
Holiday
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