Greek Inflation Eases as HICP Slows to 3.9% in June

Greece’s Harmonised Index of Consumer Prices (HICP) decelerated in June 2026, with year-over-year inflation easing to 3.9%, down from 4.9% in May 2026. The latest data, updated on 9 July 2026, indicate a moderation in price pressures compared with the same month a year earlier.

Both the current and previous readings are calculated on a year-over-year basis, comparing each month’s price levels to those of the corresponding month in the prior year. The one‑percentage‑point slowdown suggests some relief in consumer price growth, potentially signaling a gradual normalization of inflation dynamics in the Greek economy after a period of elevated readings.