Montenegro Inflation Rate (2006-2024)

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GDP GDP Growth Rate GDP Per Capita Debt to GDP Inflation Rate Manufacturing GNI GNI Per Capita GNP

Montenegro inflation rate for 2024 was 3.34%, a 5.25% decline from 2023.

Montenegro inflation rate for 2023 was 8.58%, a 4.46% decline from 2022.
Montenegro inflation rate for 2022 was 13.04%, a 10.63% increase from 2021.
Montenegro inflation rate for 2021 was 2.41%, a 2.67% increase from 2020.

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.