Greece Sees 2026 Inflation Hitting 3.8% as Brent Briefly Tops $90
Updated
Updated · tovima.com · Jul 20
Greece Sees 2026 Inflation Hitting 3.8% as Brent Briefly Tops $90
1 articles · Updated · tovima.com · Jul 20
Summary
3.8% inflation in 2026 is now the Bank of Greece’s projection, up from 2.9% in 2025, with Governor Yannis Stournaras warning price pressures could stay above the euro zone average.
Brent crude briefly rose above $90 a barrel as Strait of Hormuz tensions lifted energy costs, a shock Stournaras said would spread from fuel into services and manufactured goods.
Greece’s economy is still on a solid growth path, with investment the main driver and its share of GDP markedly higher than in 2019, according to Stournaras.
Stournaras said stronger public finances give Greece more fiscal space, but argued real wage gains must track productivity and support for households should stay targeted.