Montenegro Inflation Rate

Last Release

Apr 30, 2025

Actual

3.4

Units In

2.6

Frequency

Monthly

Next Release

Jun 12, 2025

Time to Release

28 Days 7 Hours

Highest	Lowest	Average	Date Range	Source
26.5 Dec 2001	-1.4 Apr 2014	4.63 %	2001-2025	Statistical Office of Montenegro

In Montenegro, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (34 percent of total weight). Housing and Utilities accounts for 15 percent; Transport for 11 percent; Clothing and Footwear for 9 percent; Communication for 5 percent; and Restaurants and Hotels for 5 percent. Furniture, Household Goods and Maintenance; Health; Alcoholic beverages and Tobacco; Recreation and Culture; Miscellaneous Goods and Services and Education account for the remaining 21 percent of total weight.

Latest Updates

The annual inflation rate in Montenegro rose to 3.4% in April 2025 from 2.6% in the previous month. This marked the highest reading since July of 2024, mainly due to higher prices of food & non-alcoholic beverages (2.8% vs 1% in March), housing, water, electricity, gas & other fuels (5.9% vs 5.5%), health (13.2% vs 10%), restaurants & hotels (9.5% vs 8.6%), recreation & culture (6.7% vs 6.3%), and furnishings, household equipment & equipment & routine household maintenance (5.3% vs 3.5%). In addition, inflation remained unchanged for communication (1.8%) and education (0.9%). Meanwhile, deflation worsened for both transport (-2.5% vs -0.7%) and clothing & footwear (-1.4% vs -0.8). On a monthly basis, consumer prices increased to 0.8% in April, from 0.3% in the preceding month.