Inflation Montenegro 2017
Average inflation: 2.4%
Current Inflation
Inflation is normal at 2.4%, around the ECB target.
Peak and Trough
The highest inflation was in August at 2.8%. The lowest inflation was in December at 1.9%.
- Highest month
- August: 2.8%
- Lowest month
- December: 1.9%
- Difference
- 0.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 8.2%. The lowest price increase was in Food with an average of 1.7%.
- Highest increase
- Energy: 8.2%
- Lowest increase
- Food: 1.7%
Historical Context
Current inflation is 1.4% higher than the 5-year average of 1.0%.
- 5-year average
- 1%
- 10-year average
- 1.8%
- All-time high (2012)
- 4.2%
- All-time low (2014)
- -0.7%
Trend
Inflation has remained relatively stable. Compared to 2016, the difference is minimal (+2.7 percentage point).
- Change vs. previous year
- +2.7 percentage points
- Largest monthly swing
- March: +3.6 percentage points
ECB Target
Inflation is 0.4% 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 €102.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2017
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2016 |
|---|---|---|
| January | 2.0% | +1.0 |
| February | 2.5% | +2.2 |
| March | 2.7% | +3.6 |
| April | 2.3% | +3.1 |
| May | 2.3% | +3.5 |
| June | 2.1% | +3.4 |
| July | 2.4% | +3.3 |
| August | 2.8% | +3.6 |
| September | 2.8% | +3.1 |
| October | 2.3% | +2.1 |
| November | 2.4% | +1.9 |
| December | 1.9% | +0.9 |
| Average | 2.4% |
Data source
Data from WorldBank. Last updated: 06/01/2026.