The Consumer Price Index in Montenegro decreased 0.30 percent in December of 2025 over the previous month. Inflation Rate MoM in Montenegro averaged 0.41 percent from 2000 until 2025, reaching an all time high of 5.00 percent in January of 2000 and a record low of -1.10 percent in July of 2006. source: Statistical Office of Montenegro

Inflation Rate MoM in Montenegro is expected to be -0.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Montenegro Inflation Rate MoM is projected to trend around 0.30 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-12-12 10:00 AM
Inflation Rate MoM
Nov -0.4% -0.2% 0.3%
2026-01-15 10:00 AM
Inflation Rate MoM
Dec -0.3% -0.4% -0.2%
2026-02-20 10:00 AM
Inflation Rate MoM
Jan -0.3% 0.3%


Related Last Previous Unit Reference
Consumer Price Index CPI 142.20 142.60 points Dec 2025
CPI Housing Utilities 143.20 142.90 points Dec 2025
CPI Transportation 128.40 128.80 points Dec 2025
Export Prices 193.30 193.80 points Dec 2025
Food Inflation 4.20 3.90 percent Dec 2025
Harmonised Consumer Prices 141.91 142.37 points Dec 2025
Harmonised Inflation Rate YoY 3.70 3.90 percent Dec 2025
Inflation Rate YoY 4.00 4.20 percent Dec 2025
Inflation Rate MoM -0.30 -0.40 percent Dec 2025
Producer Prices 101.20 102.30 points Nov 2025
PPI YoY -0.40 0.40 percent Nov 2025


Montenegro Inflation Rate MoM
In Montenegro, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (34 percent of total weight). Housing and Utilities accounts for 15 percent; Transport for 11 percent; Clothing and Footwear for 9 percent; Communication for 5 percent and Restaurants and Hotels for 5 percent. Furniture, Household Goods and Maintenance; Health; Alcoholic beverages and Tobacco; Recreation and Culture; Miscellaneous Goods and Services and Education account for the remaining 21 percent of total weight.
Actual Previous Highest Lowest Dates Unit Frequency
-0.30 -0.40 5.00 -1.10 2000 - 2025 percent Monthly