Inflation Montenegro 2025
Average inflation: 2.8%
Current Inflation
Inflation is normal at 2.8%, around the ECB target.
Peak and Trough
The highest inflation was in January at 2.8%. The lowest inflation was in January at 2.8%.
- Highest month
- January: 2.8%
- Lowest month
- January: 2.8%
- Difference
- 0.0 percentage points
- Months with data
- 2 of 12
Category Insights
The highest price increase was in Core inflation with an average of 4.0%. The lowest price increase was in Energy with an average of -0.4%.
- Highest increase
- Core inflation: 4.0%
- Lowest increase
- Energy: -0.4%
Historical Context
Current inflation is 3.3% lower than the 5-year average of 6.1%.
- 5-year average
- 6.1%
- 10-year average
- 3.5%
- All-time high (2022)
- 13%
- All-time low (2014)
- -0.7%
Trend
Inflation shows a downward trend. Compared to 2024, inflation has fallen by +0.6 percentage point.
- Change vs. previous year
- -0.6 percentage points
- Largest monthly swing
- January: -1.6 percentage points
ECB Target
Inflation is 0.8% 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 €102.80 next year at this inflation rate.
Multi-year trend
Monthly figures 2025
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2024 |
|---|---|---|
| January | 2.8% | -1.6 |
| February | 2.8% | -1.5 |
| Average | 2.8% |
Data source
Data from WorldBank. Last updated: 06/01/2026.Not all months available yet.