Cost of food in Montenegro increased at a record high rate of 22.50 percent in June of 2022 over the same month in the previous year. source: Statistical Office of Montenegro
Food Inflation in Montenegro averaged 3 percent from 2011 until 2022, reaching an all time high of 22.50 percent in June of 2022 and a record low of -3.60 percent in May of 2014. This page provides - Montenegro Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news. Montenegro Food Inflation - values, historical data and charts - was last updated on August of 2022.
Food Inflation in Montenegro is expected to be 10.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Montenegro Food Inflation is projected to trend around 5.00 percent in 2023 and 3.80 percent in 2024, according to our econometric models.