Greece: energy inflation rate by commodity 2024

The inflation rates of energy commodity prices in Greece rose significantly in 2021 and 2022. Gas saw the steepest rise, with the inflation rate standing at 294 percent in September 2022. These increases in inflation were driven by Russia's invasion of Ukraine, which has caused uncertainty over Europe's security of gas supply, as well as intense energy price volatility. However, since the beginning of 2023, energy commodity prices have shown a decrease in the country.

Harmonized index of consumer prices (HICP) energy inflation rate in Greece from January 2019 to November 2024, by commodity

Characteristic	Energy	Gas	Liquid fuels	Electricity
Nov '24	-2.3%	0.5%	-13.4%	7%
Oct '24	-1.6%	6.7%	-16%	12.9%
Sep '24	-0.8%	15%	6.3%	11.3%
Aug '24	2.3%	19%	6.3%	9.7%
Jul '24	1.4%	15.8%	6.3%	-1.8%
Jun '24	-2.4%	8.5%	6.3%	-12.2%
May '24	-1.8%	-10.3%	6.3%	-13.8%
Apr '24	-1.4%	-22.9%	6.3%	-7.4%
Mar '24	-1%	-33.2%	12.4%	-4.6%
Feb '24	-2.8%	-45.5%	9.9%	-1.1%
Jan '24	-6.4%	-54.3%	1.3%	-0.4%
Dec '23	-4%	-47.2%	13.7%	-0.1%
Nov '23	-7.2%	-48%	6%	0.7%
Oct '23	-6.8%	-53.7%	0.7%	1.9%
Sep '23	-18.3%	-78.6%	-20.7%	-1.2%
Aug '23	-17.3%	-73.8%	-20.7%	-6.5%
Jul '23	-20.4%	-62.1%	-20.7%	-16.2%
Jun '23	-22%	-46.1%	-20.7%	-21.7%
May '23	-21.1%	-42.6%	-20.7%	-24.1%
Apr '23	-18%	-18.1%	-20.7%	-29.9%
Mar '23	-14.7%	15.5%	-22.1%	-25.8%
Feb '23	-5.8%	38.6%	-5.1%	-22.4%
Jan '23	0.7%	33.9%	7.1%	-15.4%
Dec'22	4.7%	48.7%	1.4%	-8.8%
Nov'22	11.7%	31%	11.5%	-5.3%
Oct'22	20.7%	63.5%	20.8%	7.4%
Sep'22	53.8%	294.4%	65.1%	30.5%
Aug '22	50.4%	221%	65.1%	38.5%
Jul '22	54.4%	142.6%	65.1%	55.8%
Jun '22	60.6%	87.4%	65.1%	70.4%
May '22	61%	124.8%	65.1%	80.2%
Apr '22	57.6%	81.7%	65.1%	88.8%
Mar '22	51.2%	40.8%	58.4%	79.3%
Feb '22	44%	50%	41.5%	71.4%
Jan '22	40.5%	105.1%	36%	56.7%
Dec '21	34.8%	86.9%	34.1%	45%
Nov '21	35.5%	115.4%	45.2%	37.8%
Oct '21	25.4%	82.1%	45.9%	18.9%
Sep '21	13.2%	66.5%	28.9%	0.8%
Aug '21	12.7%	55.8%	28.9%	0.8%
Jul '21	12.1%	44.3%	28.9%	0.7%
Jun '21	12%	37.9%	28.9%	0.7%
May '21	13.2%	19.7%	28.9%	-0.9%
Apr '21	9.8%	9.2%	19.4%	-0.9%
Mar '21	1.9%	8%	4.7%	-0.9%
Feb '21	-5.7%	6%	-10.2%	-0.9%
Jan '21	-9.7%	-6%	-18.4%	-0.9%
Dec '20	-10.8%	-17.5%	-20.8%	-1.6%
Nov '20	-11.7%	-12.3%	-23.7%	-1.6%
Oct '20	-11.7%	-17.4%	-23.4%	-1.6%
Sep '20	-13.3%	-23.4%	-30.6%	-1.6%
Aug '20	-12.8%	-25.4%	-30.6%	4.5%
Jul '20	-12.6%	-24%	-30.6%	4.5%
Jun '20	-13.4%	-23.6%	-30.6%	4.5%
May '20	-15.9%	-21.7%	-30.6%	6.2%
Apr '20	-14.3%	-21%	-25.1%	-0.4%
Mar '20	-5.9%	-21%	-14%	-0.4%
Feb '20	1.3%	-21.2%	-2.6%	-0.4%
Jan '20	4.8%	-16.9%	5.4%	-0.4%
Dec '19	2.8%	-7.1%	2.1%	-0.4%
Nov '19	-2.3%	-9.6%	-6.3%	-0.4%
Oct '19	-4.9%	-8.6%	-9.2%	-0.4%
Sep '19	-0.7%	-7.5%	5.8%	-0.4%
Aug '19	-1.1%	-7.7%	5.8%	-6.2%
Jul '19	-1.2%	-8.2%	5.8%	-6.2%
Jun '19	-1.6%	-4.4%	5.8%	-6.2%
May '19	0.8%	-2.4%	5.8%	-6.2%
Apr '19	3.6%	7.5%	5.8%	0%
Mar '19	3%	10.8%	7.3%	0%
Feb '19	0%	13.8%	3.6%	0%
Jan '19	-1.5%	15.2%	-0.2%	0%

Loading statistic...

Download

Source

Show detailed source information?

Already a member?

Source

Use Ask Statista Research Service

Release date

December 2024

More information

Region

Greece

Survey time period

January 2019 to November 2024

Supplementary notes

According to the source, the Harmonized Indices of Consumer Prices (HICP) measure changes in the prices of consumer goods and services over time. These indices provide comparable measures of inflation.

Citation formats