Inflation Montenegro 2016
Average inflation: -0.3%
Current Inflation
There is deflation with consumer prices declining by 0.3%.
Peak and Trough
The highest inflation was in January at 1.0%. The lowest inflation was in June at -1.3%.
- Highest month
- January: 1.0%
- Lowest month
- June: -1.3%
- Difference
- 2.3 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Core inflation with an average of 1.5%. The lowest price increase was in Energy with an average of -6.2%.
- Highest increase
- Core inflation: 1.5%
- Lowest increase
- Energy: -6.2%
Historical Context
Current inflation is 1.7% lower than the 5-year average of 1.4%.
- 5-year average
- 1.4%
- 10-year average
- 1.7%
- All-time high (2012)
- 4.2%
- All-time low (2014)
- -0.7%
Trend
Inflation has remained relatively stable. Compared to 2015, the difference is minimal (-1.8 percentage point).
- Change vs. previous year
- -1.8 percentage points
- Largest monthly swing
- May: -3.5 percentage points
ECB Target
Inflation is 2.3% 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 €99.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2016
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2015 |
|---|---|---|
| January | 1.0% | +0.8 |
| February | 0.3% | -0.3 |
| March | -0.9% | -2.5 |
| April | -0.8% | -2.9 |
| May | -1.2% | -3.5 |
| June | -1.3% | -3.2 |
| July | -0.9% | -2.8 |
| August | -0.8% | -2.7 |
| September | -0.3% | -2.0 |
| October | 0.2% | -1.3 |
| November | 0.5% | -0.9 |
| December | 1.0% | -0.4 |
| Average | -0.3% |
Data source
Data from WorldBank. Last updated: 06/01/2026.