Greek Inflation Rises to 5.7 Percent in October

The Hellenic Statistical Authority reported that annual inflation in Greece rose to 5.7 percent in October 2026, an increase from the 5 percent recorded in September. This figure slightly exceeded a preliminary estimate of 5.6 percent provided by Eurostat.

Energy costs drove the acceleration, with natural gas prices surging by 80 percent, diesel by 39.4 percent, and heating oil by 37.5 percent. Other significant increases occurred in passenger air transport, which rose 32.9 percent, and hotel accommodations, which climbed 27.6 percent.

Housing costs increased by 15.1 percent due to rising residential rents and utility costs, while transport prices rose 13.8 percent. These gains were partially offset by price reductions in olive oil, rice, and audio and video equipment.