Inflation in Greece Climbs to 2.9% in Nov. on Service Prices Surge

The inflation rate in Greece jumped to 2.9% in November up from 1.6% in October and 1.8% in September, according to preliminary data released this week by Eurostat.

The increase was driven largely by the services sector, where prices rose at an annual rate of 4.7%, compared with 2.8% a month earlier. The inflation rate in Greece was also higher compared to the same month last year, when it stood at 3%.

According to Eurostat’s flash estimate, euro area annual inflation is set to reach 2.2% in November 2025, up from 2.1% a month earlier.

The euro area’s services segment is expected to post the highest annual rate in November at 3.5%, up from 3.4% in October, followed by food, alcohol and  tobacco (2.5%, stable compared with October), non-energy industrial goods (0.6%, stable compared with October), and energy (-0.5%, compared with -0.9% in October).

Photo: Eurostat

Countries recording the highest annual inflation in November were Estonia at 4.7%, Croatia (4.3%), and Austria (4.1%).