Inflation in Greece remains persistently high, even as price pressures ease across
Inflation in Greece remains persistently high, even as price pressures ease across much of the eurozone, according to a detailed analysis by Alpha Bank. The bank points to strong domestic demand, fueled by employment growth, record tourism and rising wages, as the key forces preventing faster disinflation.
Based on the Harmonized Index of Consumer Prices (HICP), Greece’s inflation rate averaged 2.9% in 2025, only marginally lower than 3% in 2024. While the headline figure shows slight improvement, the underlying drivers reveal why price pressures remain resilient.
Services Are the Main Inflation Driver
Alpha Bank notes that inflationary pressures in 2025 were sustained mainly by a faster increase in service prices, which rose by 4.8%, up from 4.4% in 2024. This acceleration more than offset the easing seen in other categories.
By contrast, prices for non-energy industrial goods increased at a much slower pace, rising 0.7% in 2025 compared with 1.7% a year earlier. Food prices also showed moderation, climbing 2.1% versus 2.8% in 2024. Energy prices fell for a third consecutive year, declining by 0.7%, although the pace of decline slowed compared with a 1.4% drop in 2024.
Greece vs. the Eurozone
At the eurozone level, inflation
Content Original Link:
Read Full article form Original Source OIKONOMIKOS TAXYDROMOS
" target="_blank">Read Full article form Original Source OIKONOMIKOS TAXYDROMOS
