Harmonised Inflation Rate YoY in Montenegro increased to 5.50 percent in September, the highest since April 2024, from 4.60 percent in August of 2026. Harmonised Inflation Rate YoY in Montenegro averaged 3.13 percent from 2011 until 2026, reaching an all time high of 15.80 percent in November of 2022 and a record low of -1.60 percent in July of 2020. source: Statistical Office of Montenegro



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-11 09:00 AM
Harmonised Inflation Rate YoY
Aug 4.6% 3.9% 3.8%
2026-10-13 09:00 AM
Harmonised Inflation Rate YoY
Sep 5.5% 4.6% 5.0%
2026-11-12 10:00 AM
Harmonised Inflation Rate YoY
Oct 5.5%


Related Last Previous Unit Reference
Consumer Price Index CPI 106.60 106.10 points Sep 2026
CPI Housing Utilities 103.20 102.80 points Sep 2026
CPI Transportation 118.81 117.90 points Sep 2026
Export Prices 198.00 195.90 points Jun 2026
Food Inflation 2.60 1.30 percent Sep 2026
Harmonised Consumer Prices 107.10 106.83 points Sep 2026
Harmonised Inflation Rate YoY 5.50 4.60 percent Sep 2026
Inflation Rate YoY 5.20 4.50 percent Sep 2026
Inflation Rate MoM 0.50 1.20 percent Sep 2026
Producer Prices 210.60 209.80 points Jun 2026
PPI YoY -0.50 -0.80 percent Jun 2026


Montenegro Harmonised Inflation Rate YoY
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.
Actual Previous Highest Lowest Dates Unit Frequency
5.50 4.60 15.80 -1.60 2011 - 2026 percent Monthly
NSA