Inflation Montenegro 2011
Average inflation: 3.5%
Current Inflation
Inflation is high at 3.5%, well above the ECB target.
Peak and Trough
The highest inflation was in August at 4.2%. The lowest inflation was in January at 1.1%.
- Highest month
- August: 4.2%
- Lowest month
- January: 1.1%
- Difference
- 3.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 4.1%. The lowest price increase was in Food with an average of 4.1%.
- Highest increase
- Food: 4.1%
- Lowest increase
- Food: 4.1%
Historical Context
Current inflation is around the 5-year average of 3.5%. This approaches the highest level since records began (3.5% in 2011).
- 5-year average
- 3.5%
- 10-year average
- 3.5%
- All-time high (2011)
- 3.5%
- All-time low (2011)
- 3.5%
Trend
ECB Target
Inflation is 1.5% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €103.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2011
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation |
|---|---|
| January | 1.1% |
| February | 2.0% |
| March | 3.6% |
| April | 3.7% |
| May | 3.7% |
| June | 3.9% |
| July | 3.4% |
| August | 4.2% |
| September | 4.1% |
| October | 4.2% |
| November | 3.9% |
| December | 3.7% |
| Average | 3.5% |
Data source
Data from WorldBank. Last updated: 06/01/2026.