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
This chart displays Inflation Rate (CPI, annual variation in %) for Montenegro from 2013 to 2022.
Montenegro Inflation Rate Data
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, aop) | 2.4 | 2.6 | 0.4 | -0.3 | 2.4 |