Annual inflation in Greece is confirmed at 2.9% in December, according to Eurostat's second estimate.

A year ago, inflation in Greece stood at 3.7%. A month earlier, in November, the reading was 3%. In the euro area, inflation in December is confirmed at 2.4%, up from 2.2% in November. A year ago, it stood at 2.9%. Annual inflation in the European Union was 2.7% in December, up from 2.5% in November. A year ago, it stood at 3.4%.

The lowest annual inflation rates were recorded in Ireland (1%), Italy (1.4%), followed by Luxembourg, Finland and Sweden at 1.6%. In contrast, the highest annual rates were recorded in Romania (5.5%), Hungary (4.8%), and Croatia (4.5%). Compared to November 2024, annual inflation decreased in 7 member states, remained stable in one, and increased in 19.

The largest contribution to annual inflation in the euro area was made by services (+1.78 percentage points, bp), followed by food, alcohol & tobacco (+0.51 bp), non-energy industrial goods (+0.13 bp), and energy (+0.01 bp).