New acceleration of the annual inflation In Greece the OECDas measured by the consumer price index.
Specifically, according to OECD data, inflation in Greece on an annual basis increased at a rate of 2.77% from 2.48% in May. During the same period last year it increased by 2.26%.
Overall, inflation in the OECD countries increased to 4.2% in June 2025, from 4% in May, although the index is rushed higher due to Turkey, which continues to record higher inflation by 35%.
General inflation increased to 21 of the 38 OECD countries, with remarkable increases in 0.5 percentage points in the Czech Republic, Estonia and Sweden. It declined in 7 countries and remained stable or generally stable to 10. Other than Turkey no other OECD country reported inflation of more than 5%.
The lower rates were observed in Costa Rica (-0.2%), Switzerland (0.1%) and Finland (0.2%).
Annual Inflation in the Energy Sector at the OECD became positive in June, after two months of negative prices. Energy inflation was just below 1% in the OECD, with 16 OECD countries still reporting reductions. Food inflation remained stable at 4.6%, although 21 countries recorded an increase and only 12 decrease. In the other 5 OECD countries, food inflation has shown a slight change. Structural inflation (inflation without food and energy) remained generally stable at 4.5%.
In the G7 countries, annual inflation increased to 2.6% in June, from 2.4% in May, in the midst of a slower decrease in energy prices. The largest increases in total inflation (0.3 am) were recorded in France and the US. In France, inflation of services increased, while food inflation increased in the US. Total inflation also increased slightly in Canada by 0.2am. On the contrary, it declined in Japan, where the decline in energy inflation prevailed over increasing food inflation. Overall inflation has generally remained stable in other G7 countries. Basic inflation continued to be the main factor that contributed to overall inflation in all G7 countries, except for Japan, where food and energy inflation had a overall impact.
In the eurozone, annual inflation, as measured by the harmonized consumer price index (EDK), remained generally stable, at 2.0% in June, from 1.9% in May. In July 2025, according to Eurostat’s preliminary assessment, annual inflation in the eurozone remained stable, with basic inflation remaining unchanged and the inflation of energy remaining in general. The annual inflation of services in the eurozone is estimated to slow down at 3.1% in July, from 3.3% in June.
In the G20 countries, annual inflation remained stable at 3.9% in June. Overall inflation increased in China, despite the fact that it remained close to zero. Overall inflation has also increased in Indonesia and South Africa, while decreasing in India and remained stable in Brazil and Saudi Arabia. In Argentina, inflation continued to decline, reaching 39.4%.