Greece inflation rises to 5.6% in October

Inflation in Greece reached 5.6% in October 2026, rising from 5.1% in September, according to data from the European Union statistics agency. The country now records the third-highest inflation rate in the eurozone after Bulgaria and Lithuania, while the eurozone average stands at 4%. Energy costs remain the category with the sharpest annual increases, rising by 26.5%, and services increased by 6.3%. The food, alcohol, and tobacco category recorded an annual growth rate of 1.4%. Full Eurostat data for October is scheduled for publication on November 18.

What this means for you in Greece

For Israelis living in Greece, owning property, or investing locally, an inflation rate of 5.6% directly impacts daily living expenses as well as the costs of maintaining properties and managing local projects. When contractors, service providers, or property management companies adjust their prices in response to rising energy and service costs, it is important to closely monitor your budget and check how these index changes affect your current or upcoming agreements. You should consult with a local accountant or financial adviser to understand how price shifts impact your specific financial activities, and always check official European Union publications for the latest updates.

FAQ

What was the inflation rate in Greece in October 2026? Inflation in Greece reached 5.6% in October, rising from 5.1% in September.

Which category recorded the sharpest price increases? Energy costs recorded the sharpest annual increase at 26.5%, while services increased by 6.3%.

Where does Greece rank in eurozone inflation? Greece recorded the third-highest inflation rate in the eurozone after Bulgaria and Lithuania, compared to a eurozone average of 4%.