Inflation in Montenegro

Montenegro Inflation | Economic News & Forecasts

Montenegro - Inflation

The economy likely continued expanding at a robust pace in the first quarter of 2019 and should have entered the second quarter on a similarly good footing. Ongoing work on the country’s vast Bar-Boljare motorway, which is nearing completion, will have supported growth in Q1, as suggested by the strong year-on-year increase in registered construction activity. In addition, the services sector appeared to be in sound health through Q1 and into Q2: after surging in January–March, tourist arrivals continued to grow strongly in April in annual terms. On the other hand, the merchandise trade deficit widened from January–April this year, as year-on-year import growth was robust while exports decreased.

Montenegro - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)2.2  -0.7  1.5  -0.2  2.4  

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Montenegro Inflation Chart

Montenegro Inflation
Note: Inflation, annual variation of consumer price index (CPI) in % (aop).
Source: Statistical Office of Montenegro (MONSTAT)

Montenegro Facts

Exchange Rate1.120.65 %Jun 14

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