Greek Inflation Eases but Remains Above EU Average

07:50 9/1/2025 - Πηγή: iEfimerida

Inflation in Greece continued its downward trend in November, falling to 3%, according to Eurostat, the European Union's statistical authority.

This represents a slight decrease from October's rate of 3.1% and a significant drop from the 4.2% recorded in November 2023.

Despite this positive development, Greece's inflation rate remains higher than the EU average and ranks as the tenth highest among member

states. Ireland, Lithuania, and Luxembourg boasted the lowest inflation rates, while Romania, Belgium, and Croatia faced the highest.

Across the Eurozone, inflation rose slightly to 2.2% in November, compared to 2.0% in October and 2.4% in November 2023.

In the broader EU, inflation reached 2.5% in November, up from 2.3% in October and down from 3.1% a year earlier.

The main contributors to Eurozone inflation were services, food, alcohol and tobacco, and non-energy industrial goods. Energy prices, however, contributed negatively to the overall inflation rate.

Preliminary estimates from Eurostat indicate that Greece's inflation further eased to 2.9% in December 2024.

This continued downward trend suggests that inflationary pressures may be easing in Greece, although the rate remains above the Eurozone average.

The data reflects the ongoing challenges in managing inflation across the European Union, with varying rates and contributing factors across different member states.

While Greece has made progress in curbing inflation, it continues to face economic pressures that require careful monitoring and policy adjustments.

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Greek Inflation Eases,Remains Above EU Average