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Fri, May

Inflation in Greece Surges to 5.4% in April

Inflation in Greece Surges to 5.4% in April

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Greek inflation jumped to 5.4% in April 2026, up from 3.9% in March, as fuel, energy, transport and food costs continued to squeeze household budgets, according to data from ELSTAT, Greece’s official statistics authority.

Transport costs led the surge, rising 10% compared to April last year. Diesel prices soared 32.4% year-on-year, gasoline climbed 17.1%, and other fuels spiked 42.4%. Air passenger fares were up 18.6%.

Food and non-alcoholic beverages rose 4.4% annually. Beef prices increased 19.2%, lamb and goat 13.3%, and margarine and vegetable oils 11.6%.

On a monthly basis, the general consumer price index rose 1.5% in April compared to March. Clothing and footwear jumped 4.5% as post-winter sales discounts expired. Housing costs, including rents, electricity, natural gas and heating oil, rose 4.4%. Vehicle insurance premiums drove a 1.3% increase in financial services. Hotels, cafes and restaurants posted a 1.1% monthly rise.

Officials with knowledge of the situation warned that consumer pressures will intensify in the coming months, with the wave of price increases showing no sign of abating. Reports have

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