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Inflation Rate Climbs to 5.7% in October in Greece

Inflation Rate Climbs to 5.7% in October in Greece

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Inflation in Greece accelerated to 5.7% in October, up from 5% in September and 3.8% in August, as surging energy prices pushed up once again household and transportation costs, according to figures released by the Hellenic Statistical Authority (ELSTAT).

Natural gas prices jumped 80% from a year earlier, while diesel rose 39.7%, heating oil 37.5% and gasoline 25%. Electricity prices were also 17.9% higher, adding to the pressure on household budgets. Consumer prices increased 0.7% from September to October, compared with a 0.1% monthly rise during the same period last year.

The figures point to a sustained acceleration in inflation over the past three months, with the annual rate rising from 3.8% in August to 5% in September before reaching 5.7% in October.

How Much Have Energy Prices Risen in Greece?

Energy prices recorded some of the largest annual increases in October 2026, according to ELSTAT:

  • Natural gas: Up 80%
  • Diesel: Up 39.7%
  • Heating oil: Up 37.5%
  • Gasoline: Up 25%
  • Electricity: Up 17.9%

Housing and Transport Costs Rise Sharply

Housing recorded one of the largest annual

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