Bell not only for the further course of inflationbut for the impact of high rental prices on the general price index today (9.7.25) the data published by the ELSTAT.
According to ELSTATIn June 2025, real estate rental prices, despite inflation, increased by 11.4% compared to June 2024. This is the largest increase from year to year (for the month of June) since 2022, since there is a relative measurement in ELSTAT Press Releases.
And not only that, but The increase in rental prices in June 2025 had the highest than ever impact on the general price index.
Specifically The impact of rental rates rose to astronomical 0.41%. That is, from the rate of 2.8%, which ran by the General Price Index in June, a rate of 0.41 is 1/7 due to rental prices.
Never again in the period 2022-2024 had no raising rental prices so great an impact on the general price index, while No other factor affected as much the general price index in June 2025 as the increase in rental prices, with the exception of electricity prices.
This is already a great impression on economists’ circles as no other year in the last 3 – 4 yearsthere was no such ejection in real estate rental prices, which excludes, first of all, the factor in the name “seasonality”.
Secondly, in previous years (in June), the prices that played the decisive factor in inflation increased were food, such as olive oil last year or in general foods, especially fresh fruits-vegetables and meats, as a consequence of climate (2022).
Thirdly, Rental real estate prices cannot be subject to the broader set of “inflation of services”, as generally confessed (the government, BoG, etc.) has been the “hard core” of inflation in the last year.