Harmonised Consumer Prices in Montenegro increased to 103.40 points in May from 102.72 points in April of 2026. Harmonised Consumer Prices in Montenegro averaged 81.31 points from 2014 until 2026, reaching an all time high of 103.40 points in May of 2026 and a record low of 68.99 points in January of 2015. source: EUROSTAT

Related	Last	Previous	Unit	Reference
Consumer Price Index CPI	103.50	103.00	points	May 2026
CPI Housing Utilities	102.00	102.10	points	May 2026
CPI Transportation	111.50	111.00	points	May 2026
Export Prices	195.10	195.40	points	Mar 2026
Food Inflation	2.00	2.70	percent	May 2026
Harmonised Consumer Prices	103.40	102.72	points	May 2026
Harmonised Inflation Rate YoY	3.40	3.60	percent	May 2026
Inflation Rate YoY	3.60	3.80	percent	May 2026
Inflation Rate MoM	0.40	1.40	percent	May 2026
Producer Prices	211.00	211.70	points	Mar 2026
PPI YoY	0.40	0.40	percent	Mar 2026

Montenegro Harmonised Consumer Prices

The Harmonised Index of Consumer Prices (HICP) is an indicator of inflation and price stability for the European Central Bank (ECB). The HICP is compiled by Eurostat and the national statistical institutes in accordance with harmonised statistical methods. The ECB aims to maintain annual inflation rates as measured by the HICP below, but close to, 2% over the medium term.