The Consumer Price Index in Montenegro increased 0.40 percent in May of 2026 over the previous month. Inflation Rate MoM in Montenegro averaged 0.41 percent from 2000 until 2026, 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 0.30 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
2026-05-12 09:00 AM
Inflation Rate MoM
Apr 1.4% 0.8% 1.0%
2026-06-12 09:05 AM
Inflation Rate MoM
May 0.4% 1.4% 0.8%
2026-07-10 09:00 AM
Inflation Rate MoM
Jun 0.4% 0.3%


Related Last Previous Unit Reference
Consumer Price Index CPI 103.50 103.00 points May 2026
CPI Housing Utilities 102.00 102.10 points May 2026
CPI Transportation 111.50 111.00 points May 2026
Export Prices 195.10 195.40 points Mar 2026
Food Inflation 2.00 2.70 percent May 2026
Harmonised Consumer Prices 103.40 102.72 points May 2026
Harmonised Inflation Rate YoY 3.40 3.60 percent May 2026
Inflation Rate YoY 3.60 3.80 percent May 2026
Inflation Rate MoM 0.40 1.40 percent May 2026
Producer Prices 211.00 211.70 points Mar 2026
PPI YoY 0.40 0.40 percent Mar 2026


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
0.40 1.40 5.00 -1.10 2000 - 2026 percent Monthly