The Consumer Price Index in Montenegro increased 0.10 percent in May of 2020 over the previous month.

Inflation Rate Mom in Montenegro averaged 0.39 percent from 2000 until 2020, reaching an all time high of 5 percent in January of 2000 and a record low of -1.10 percent in July of 2006. This page provides the latest reported value for - Montenegro Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Montenegro Inflation Rate MoM - values, historical data and charts - was last updated on July of 2020.

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. Looking forward, we estimate Inflation Rate Mom in Montenegro to stand at 0.40 in 12 months time. In the long-term, the Montenegro Inflation Rate MoM is projected to trend around 0.40 percent in 2021, according to our econometric models.

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Montenegro Inflation Rate MoM

Actual Previous Highest Lowest Dates Unit Frequency
0.10 -0.70 5.00 -1.10 2000 - 2020 percent Monthly

Montenegro Prices Last Previous Highest Lowest Unit
Inflation Rate -1.00 -0.90 26.50 -1.40 percent [+]
Inflation Rate Mom 0.10 -0.70 5.00 -1.10 percent [+]
Consumer Price Index CPI 105.30 105.60 105.80 89.80 points [+]
Producer Prices 168.50 168.80 170.60 93.20 points [+]
Harmonised Consumer Prices 105.20 105.20 107.20 89.90 points [+]
Producer Prices Change 0.30 -1.00 19.70 -9.90 percent [+]
Food Inflation 1.30 1.30 8.70 -3.60 percent [+]
Export Prices 124.80 125.90 140.90 88.00 points [+]
Cpi Housing Utilities 103.10 104.20 105.00 84.78 points [+]
Cpi Transportation 103.10 106.30 109.90 92.63 points [+]


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.