The annual inflation rate in Montenegro rose to 0.9 percent in April 2019 from 0.8 percent in the previous month. Prices advanced further for food & alcoholic beverages (3.9 percent from 3.5 percent in March); housing & utilities (2.6 percent from 2.2 percent); transport (1.7 percent from 0.9 percent); miscellaneous goods & services (1 percent from 0.9 percent); and restaurants & hotels (0.5 percent from 0.4 percent). Also, cost of furniture & household equipment fell less (-0.5 percent from -0.8 percent). Meanwhile, prices dropped at a faster pace for clothing & footwear (-6 percent from -3.7 percent) and health (-0.4 percent from -0.3 percent). In addition, cost continued to fall for communication (-1.1 percent, the same as in March) and alcoholic beverages & tobacco (-6.7 percent). On a monthly basis, consumer prices went up 0.1 percent, easing from a 0.6 percent gain in March. Inflation Rate in Montenegro averaged 4.60 percent from 2001 until 2019, 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.

Inflation Rate in Montenegro is expected to be 0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Montenegro to stand at 1.70 in 12 months time. In the long-term, the Montenegro Inflation Rate is projected to trend around 1.90 percent in 2020, according to our econometric models.

Montenegro Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-02-27 09:00 AM Inflation Rate YoY 0.3% 1.6%
2019-03-15 10:00 AM Inflation Rate YoY 0.4% 0.3% 0.3%
2019-04-16 09:00 AM Inflation Rate YoY 0.8% 0.4% 0.4%
2019-05-15 09:00 AM Inflation Rate YoY 0.9% 0.8% 0.9%
2019-06-14 09:00 AM Inflation Rate YoY 0.9%
2019-07-12 09:00 AM Inflation Rate YoY 0.8%
2019-08-15 09:00 AM Inflation Rate YoY


Montenegro Prices Last Previous Highest Lowest Unit
Inflation Rate 0.90 0.80 26.50 -1.40 percent [+]
Inflation Rate Mom 0.10 0.60 5.00 -1.10 percent [+]
Consumer Price Index CPI 105.40 105.30 105.40 89.80 Index Points [+]
Producer Prices 170.20 167.10 170.20 93.20 Index Points [+]
Harmonised Consumer Prices 106.30 106.10 107.20 89.90 Index Points [+]
Producer Prices Change 3.30 1.20 19.70 -9.90 percent [+]
Food Inflation 3.90 3.50 8.70 -3.60 percent [+]
Export Prices 133.90 132.30 140.90 88.00 Index Points [+]
Cpi Housing Utilities 104.40 104.70 105.00 84.78 Index Points [+]
Cpi Transportation 107.80 106.60 109.90 92.63 Index Points [+]


Montenegro Inflation Rate

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. 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.90 0.80 26.50 -1.40 2001 - 2019 percent Monthly
2009=100




Country Last Previous
Argentina 55.80 Apr/19
Australia 1.30 Mar/19
Brazil 4.94 Apr/19
Canada 2.00 Apr/19
China 2.50 Apr/19
Euro Area 1.70 Apr/19
France 1.30 Apr/19
Germany 2.00 Apr/19
India 2.92 Apr/19
Indonesia 2.83 Apr/19
Italy 1.10 Apr/19
Japan 0.90 Apr/19
Mexico 4.41 Apr/19
Netherlands 2.90 Apr/19
Russia 5.20 Apr/19
Saudi Arabia -1.90 Apr/19
Singapore 0.80 Apr/19
South Africa 4.40 Apr/19
South Korea 0.60 Apr/19
Spain 1.50 Apr/19
Switzerland 0.70 Apr/19
Turkey 19.50 Apr/19
United Kingdom 2.10 Apr/19
United States 2.00 Apr/19


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