According to the latest OECD data for September 2025, food inflation stood at 1.4% in Greece, compared to 3.5% in the EU average and 5% in OECD countries.
This places Greece in the lowest position in the EU and the fourth lowest position among the 38 OECD member-countries. In fact, according to Eurostat data, Greece had lower inflation than the EU average in 13 of the last 16 months, while for three consecutive months in the winter – December 2024, January and February 2025 – food inflation in the country was negative, something that had not happened since 2021.
Of course, the phenomenon of high prices remains international and multidimensional. Environmental and other European restrictions – such as rules on beef production – affect costs across the market. And high prices, of course, not only concern food – where Greece is doing significantly better than the European average – but also other sectors that touch the daily lives of citizens: energy, housing, transport.
This is also shown by the OECD data on inflation on an annual basis (September 2024 to September 2025) for Greece. In a total of 1.9%, the “contribution” of food is 0.3%, with energy and other goods and services completing the picture.