Montenegro Inflation Rate  2001-2017 | Data | Chart | Calendar | Forecast

The annual inflation rate in Montenegro slowed to 2.3 percent in October 2017 from 2.8 percent in the previous month. It was the lowest inflation rate since June, as prices rose at a softer pace for transport (5.6 percent compared to 7.2 percent in September); housing utilities (1.1 percent compared to 2.0 percent) and clothing and footwear (3.4 percent compared to 5.8 percent), while they fell more for furnishings (-0.8 percent compared to -0.3 percent). In addition, inflation was steady for food and non-alcoholic beverages (1.0 percent). On the other hand, prices increased slightly more for alcoholic beverages and tobacco (15.1 percent compared to 15.0 percent). On a monthly basis, consumer prices fell 0.1 percent, following a 0.9 percent rise in the previous month. Inflation Rate in Montenegro averaged 4.83 percent from 2001 until 2017, 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
2017-09-12 09:00 AM Inflation Rate YoY 2.8% 2.4% 2.5%
2017-10-10 10:00 AM Inflation Rate YoY 2.8% 2.8% 2.9%
2017-11-10 10:00 AM Inflation Rate YoY 2.3% 2.8% 2.9%
2017-12-12 10:00 AM Inflation Rate YoY 2.3% 2.40%


Montenegro Prices Last Previous Highest Lowest Unit
Inflation Rate 2.30 2.80 26.50 -1.40 percent [+]
Inflation Rate Mom -0.10 0.90 5.00 -1.10 percent [+]
Consumer Price Index CPI 101.70 101.50 101.70 89.80 Index Points [+]
Producer Prices 161.50 161.80 167.40 93.20 Index Points [+]
Producer Prices Change -0.10 0.00 19.70 -9.90 percent [+]
Food Inflation 1.00 1.00 8.70 -3.60 percent [+]
Harmonised Consumer Prices 104.40 104.40 104.40 89.90 Index Points [+]
Export Prices 134.80 132.90 139.00 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 November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.30 2.80 26.50 -1.40 2001 - 2017 percent Monthly
2009=100




inflation rate by Country
Country Last
Australia 1.80 Sep/17
Brazil 2.70 Oct/17
Canada 1.40 Oct/17
China 1.90 Oct/17
Euro Area 1.40 Oct/17
France 1.10 Oct/17
Germany 1.60 Oct/17
India 3.58 Oct/17
Indonesia 3.58 Oct/17
Italy 1.00 Oct/17
Japan 0.70 Sep/17
Mexico 6.37 Oct/17
Netherlands 1.30 Oct/17
Russia 2.70 Oct/17
South Korea 1.80 Oct/17
Spain 1.60 Oct/17
Switzerland 0.70 Oct/17
Turkey 11.90 Oct/17
United Kingdom 3.00 Oct/17
United States 2.00 Oct/17