Inflation Montenegro 2015
Average inflation: 1.5%
Current Inflation
Inflation is low at 1.5%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in May at 2.3%. The lowest inflation was in January at 0.2%.
- Highest month
- May: 2.3%
- Lowest month
- January: 0.2%
- Difference
- 2.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 2.9%. The lowest price increase was in Energy with an average of -5.6%.
- Highest increase
- Food: 2.9%
- Lowest increase
- Energy: -5.6%
Historical Context
Current inflation is 0.6% lower than the 5-year average of 2.1%.
- 5-year average
- 2.1%
- 10-year average
- 2.1%
- All-time high (2012)
- 4.2%
- All-time low (2014)
- -0.7%
Trend
Inflation has remained relatively stable. Compared to 2014, the difference is minimal (+2.2 percentage point).
- Change vs. previous year
- +2.2 percentage points
- Largest monthly swing
- May: +3.6 percentage points
ECB Target
Inflation is 0.5% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.
What you could buy for €100 this year will cost approximately €101.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2015
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2014 |
|---|---|---|
| January | 0.2% | +0.6 |
| February | 0.6% | +1.2 |
| March | 1.6% | +2.5 |
| April | 2.1% | +3.5 |
| May | 2.3% | +3.6 |
| June | 1.9% | +2.0 |
| July | 1.9% | +3.1 |
| August | 1.9% | +3.0 |
| September | 1.7% | +2.4 |
| October | 1.5% | +2.0 |
| November | 1.4% | +1.4 |
| December | 1.4% | +1.7 |
| Average | 1.5% |
Data source
Data from WorldBank. Last updated: 06/01/2026.