Inflation in Greece at 2.5% in 2025: Bank of Greece

Inflation successful Greece will settee astatine 2.5% successful 2025, and stand slightly implicit 2% successful 2026, according to a projection by the Bank of Greece (BoG). The study estimates the outgo of surviving will grounds an uptick to 2.5% successful 2027.

As per the BoG report, ostentation successful Greece measured by the Harmonized Index of Consumer Prices (HICP) is expected to gradually decline, approaching 2% by the extremity of 2026, though it will stay slightly supra that level. However, a temporary summation to 2.5% is anticipated successful 2027 owed to the implementation of the ETS2 c trading system successful the vigor sector. Core ostentation is projected to driblet to 2.2% by 2027, chiefly driven by declining ostentation successful concern goods (excluding energy) and, to a lesser extent, successful services.

Between 2025 and 2026, Greece’s system is expected to turn by 2.5% and 2.3%, respectively—significantly outpacing the mean maturation complaint of the eurozone.

Key drivers of economical enactment will proceed to beryllium concern spending, supported by EU funds, and backstage consumption, which benefits from rising existent disposable income. This summation is fueled by ongoing employment growth, higher wages amid a still-tight labour market, minimum wage hikes, and little inflation.

Total exports of goods and services are projected to proceed rising astatine an mean yearly complaint of 3.8% during the 2025-2026 period.

However, the publication of the outer assemblage to GDP is expected to beryllium antagonistic successful the coming years owed to strong concern activity, which is anticipated to thrust an summation successful imports.