Inflation Rate in Montenegro
Inflation declined to 10.5% in March from 15.1% in February, marking the lowest reading since March 2022. Softer increases in prices for transport, food and non-alcoholic beverages and housing and utilities drove the reading. This year, inflation should decline from 2022, although it will remain elevated due to protracted pass-through effects from higher production costs.
Montenegro Inflation Rate Chart
Montenegro Inflation Rate Data
|Inflation (CPI, ann. var. %, aop)||2.4||2.6||0.4||-0.3||2.4|