Inflation Montenegro 2012
Average inflation: 4.2%
Current Inflation
Inflation is high at 4.2%, well above the ECB target.
Peak and Trough
The highest inflation was in November at 5.3%. The lowest inflation was in March at 2.7%.
- Highest month
- November: 5.3%
- Lowest month
- March: 2.7%
- Difference
- 2.6 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 4.2%. The lowest price increase was in Food with an average of 4.2%.
- Highest increase
- Food: 4.2%
- Lowest increase
- Food: 4.2%
Historical Context
Current inflation is around the 5-year average of 3.9%. This approaches the highest level since records began (4.2% in 2012).
- 5-year average
- 3.9%
- 10-year average
- 3.9%
- All-time high (2012)
- 4.2%
- All-time low (2011)
- 3.5%
Trend
Inflation shows an upward trend. Compared to 2011, inflation has risen by +0.7 percentage point.
- Change vs. previous year
- +0.7 percentage points
- Largest monthly swing
- January: +3.0 percentage points
ECB Target
Inflation is 2.2% 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 €104.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2012
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2011 |
|---|---|---|
| January | 4.1% | +3.0 |
| February | 4.2% | +2.2 |
| March | 2.7% | -0.9 |
| April | 3.1% | -0.6 |
| May | 3.5% | -0.2 |
| June | 3.8% | -0.1 |
| July | 4.4% | +1.0 |
| August | 4.0% | -0.2 |
| September | 4.4% | +0.3 |
| October | 5.2% | +1.0 |
| November | 5.3% | +1.4 |
| December | 5.1% | +1.4 |
| Average | 4.2% |
Data source
Data from WorldBank. Last updated: 06/01/2026.