Inflation Montenegro 2014

Average inflation: -0.7%

Current Inflation

There is deflation with consumer prices declining by 0.7%.

Peak and Trough

The highest inflation was in November at 0.0%. The lowest inflation was in April at -1.4%.

Highest month
November: 0.0%
Lowest month
April: -1.4%
Difference
1.4 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food with an average of -1.4%. The lowest price increase was in Food with an average of -1.4%.

Highest increase
Food: -1.4%
Lowest increase
Food: -1.4%

Historical Context

Current inflation is 3.0% lower than the 5-year average of 2.3%.

5-year average
2.3%
10-year average
2.3%
All-time high (2012)
4.2%
All-time low (2014)
-0.7%

Trend

Inflation shows a downward trend. Compared to 2013, inflation has fallen by +2.9 percentage point.

Change vs. previous year
-2.9 percentage points
Largest monthly swing
January: -4.6 percentage points

ECB Target

Inflation is 2.7% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

Due to deflation, purchasing power increases. Money becomes more valuable instead of less.

What you could buy for €100 this year will cost approximately €99.30 next year at this inflation rate.

Multi-year trend

Monthly figures 2014

Inflation by category

Food
-1.4%
-0.7vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2013
January -0.4% -4.6
February -0.6% -3.9
March -0.9% -4.2
April -1.4% -4.6
May -1.3% -4.3
June -0.1% -2.3
July -1.2% -3.9
August -1.1% -3.3
September -0.7% -2.5
October -0.5% -1.0
November 0.0% 0.0
December -0.3% -0.6
Average -0.7%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also