Montenegro Inflation Rate  2001-2018 | Data | Chart | Calendar | Forecast

Consumer prices in Montenegro increased 2.9% year-on-year in March 2018, following a 2.7% gain in the previous month. It was the highest inflation rate since deflation ended in October 2016. Prices advanced faster for housing & utilities (0.9% from 0.2% in February), transport (4.4% from 4.1%), alcoholic beverages & tobacco (30.8% from 30.7%) and furniture & household equipment (2% from 0.6%). Additionally, inflation was unchanged for communication (1.8%, the same as in February), miscellaneous goods & services (1.9%, the same as in February) and cost fell at a softer pace for food & non-alcoholic beverages (-0.6% from -0.8%). On the other hand, prices slowed for clothing & footwear (6.9% from 8.4%), declined 0.1% for recreation & culture and were flat for education. On a monthly basis, consumer prices edged up 0.2%, after a 0.3% increase in February. Inflation Rate in Montenegro averaged 4.77 percent from 2001 until 2018, reaching an all time high of 26.50 percent in December of 2001 and a record low of -1.40 percent in April of 2014.

Montenegro Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-02-20 10:00 AM Inflation Rate YoY 2.6% 1.9% 1.9%
2018-03-12 10:00 AM Inflation Rate YoY 2.7% 2.6% 2.7%
2018-04-12 09:00 AM Inflation Rate YoY 2.9% 2.7% 2.8%
2018-05-10 09:00 AM Inflation Rate YoY 2.9% 2.80%
2018-06-12 09:00 AM Inflation Rate YoY 2.90%
2018-07-10 09:00 AM Inflation Rate YoY 2.90%


Montenegro Prices Last Previous Highest Lowest Unit
Inflation Rate 2.90 2.70 26.50 -1.40 percent [+]
Inflation Rate Mom 0.20 0.30 5.00 -1.10 percent [+]
Consumer Price Index CPI 104.40 104.20 104.40 89.80 Index Points [+]
Producer Prices 164.90 164.40 167.40 93.20 Index Points [+]
Producer Prices Change 0.90 -0.40 19.70 -9.90 percent [+]
Food Inflation -0.60 -0.80 8.70 -3.60 percent [+]
Harmonised Consumer Prices 105.30 105.10 105.30 89.90 Index Points [+]
Export Prices 136.60 137.70 139.00 88.00 Index Points [+]


Montenegro Inflation Rate

In Montenegro, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (35.2 percent of total weight). Housing and Utilities accounts for 15.5 percent; Transport for 10.7 percent; Clothing and Footwear for 8.5 percent; Communication for 5 percent and Miscellaneous Goods and Services for 4.7 percent. Furniture, Household Goods and Maintenance; Health; Alcoholic beverages and Tobacco; Recreation and Culture; Restaurants and Hotels and Education account for the remaining 20.4 percent of total weight. This page provides - Montenegro Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Montenegro Inflation Rate - actual data, historical chart and calendar of releases - was last updated on April of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.90 2.70 26.50 -1.40 2001 - 2018 percent Monthly
2009=100




inflation rate by Country
Country Last
Australia 1.90 Dec/17
Brazil 2.68 Mar/18
Canada 2.30 Mar/18
China 2.10 Mar/18
Euro Area 1.30 Mar/18
France 1.60 Mar/18
Germany 1.60 Mar/18
India 4.28 Mar/18
Indonesia 3.40 Mar/18
Italy 0.80 Mar/18
Japan 1.10 Mar/18
Mexico 5.04 Mar/18
Netherlands 1.00 Mar/18
Russia 2.40 Mar/18
South Korea 1.30 Mar/18
Spain 1.20 Mar/18
Switzerland 0.80 Mar/18
Turkey 10.23 Mar/18
United Kingdom 2.50 Mar/18
United States 2.40 Mar/18


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