Cost of food in Montenegro increased 1.50 percent in December of 2018 over the same month in the previous year. Food Inflation in Montenegro averaged 2.19 percent from 2011 until 2018, reaching an all time high of 8.70 percent in November of 2012 and a record low of -3.60 percent in May of 2014.
Food Inflation in Montenegro is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Montenegro to stand at 2.28 in 12 months time. In the long-term, the Montenegro Food Inflation is projected to trend around 2.28 percent in 2020, according to our econometric models.