Montenegro Consumer Price Index CPI Growth

2008 - 2023 | Monthly | % | CEIC Data

Key information about Montenegro Consumer Price Index CPI growth

  • Montenegro Consumer Price Index (CPI) growth was measured at 6.9 % YoY in Jul 2023, compared with a rate of 7.5 % in the previous month.
  • Montenegro Consumer Price Index growth data is updated monthly, available from Jan 2008 to Jul 2023, with an averaged number of 2.2 % YoY.
  • The data reached an all-time high of 17.5 % YoY in Nov 2022 and a record low of -1.4 % YoY in Apr 2014.

CEIC calculates Consumer Price Index Growth from monthly Consumer Price Index. The Statistical Office of Montenegro provides Consumer Price Index with base Same Month Previous Year=100.

View Montenegro's Consumer Price Index CPI Growth from Jan 2008 to Jul 2023 in the chart:

Montenegro Consumer Price Index CPI Growth

What was Montenegro's Consumer Price Index CPI Growth in Jul 2023?

Montenegro Consumer Price Index (CPI) growth was measured at 6.9 % YoY in Jul 2023, compared with a rate of 7.5 % in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
6.9 Jul 2023 7.5 Jun 2023 -1.4 Apr 2014 17.5 Nov 2022 % monthly Jan 2008 - Jul 2023

Consumer Price Index CPI Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 4.2 Jul 2023 monthly Jan 1992 - Jul 2023
Algeria (%) 3.7 Jan 2025 monthly Jan 1975 - Jan 2025
Argentina (%) 84.5 Jan 2025 monthly Dec 2017 - Jan 2025
Armenia (%) 2.5 Feb 2025 monthly Dec 1993 - Feb 2025
Australia (%) 2.4 Dec 2024 quarterly Dec 1987 - Dec 2024
Austria (%) 3.2 Feb 2025 monthly Jan 1949 - Feb 2025
Azerbaijan (%) 9.4 Jul 2023 monthly Jan 1992 - Jul 2023
Bahrain (%) 0.4 Jun 2023 monthly Aug 2008 - Jun 2023
Bangladesh (%) 9.3 Mar 2023 monthly Jul 1994 - Mar 2023
Belarus (%) 3.5 May 2023 monthly Jan 1992 - May 2023
Belgium (%) 5.6 Apr 2023 monthly Jan 1921 - Apr 2023
Bolivia (%) 13.2 Feb 2025 monthly Jan 1938 - Feb 2025
Bosnia and Herzegovina (%) 10.3 Mar 2023 monthly Jan 2006 - Mar 2023
Botswana (%) 2.6 Feb 2025 monthly Jun 1975 - Feb 2025
Brazil (%) 5.1 Feb 2025 monthly Dec 1980 - Feb 2025
Brunei (%) 0.8 May 2023 monthly Jan 2001 - May 2023
Bulgaria (%) 4.0 Feb 2025 monthly May 1991 - Feb 2025
Cambodia (%) 4.7 Feb 2025 monthly Oct 1995 - Feb 2025
Canada (%) 2.6 Feb 2025 monthly Jan 1993 - Feb 2025
Chile (%) 6.5 Jul 2023 monthly Jan 1971 - Jul 2023
China (%) -0.7 Feb 2025 monthly Jan 1985 - Feb 2025
Colombia (%) 5.3 Feb 2025 monthly Jul 1955 - Feb 2025
Croatia (%) 3.7 Feb 2025 monthly Jan 1987 - Feb 2025
Cyprus (%) 1.5 Jul 2023 monthly Jan 1958 - Jul 2023
Czech Republic (%) 8.8 Jul 2023 monthly Jan 1994 - Jul 2023
Denmark (%) 3.1 Jul 2023 monthly Jan 1968 - Jul 2023
Ecuador (%) 2.1 Jul 2023 monthly Jan 1958 - Jul 2023
Egypt (%) 12.8 Feb 2025 monthly Jan 1958 - Feb 2025
Estonia (%) 5.3 Feb 2025 monthly Jan 1993 - Feb 2025
European Union (%) 2.7 Feb 2025 monthly Jan 1997 - Feb 2025
Finland (%) 6.5 Jul 2023 monthly Jan 1980 - Jul 2023
France (%) 0.8 Feb 2025 monthly Jan 1991 - Feb 2025
Georgia (%) 0.3 Jul 2023 monthly Jan 1995 - Jul 2023
Germany (%) 2.2 Feb 2025 monthly Jun 1949 - Feb 2025
Ghana (%) 23.1 Feb 2025 monthly Mar 1964 - Feb 2025
Greece (%) 2.5 Feb 2025 monthly Jan 1956 - Feb 2025
Hong Kong SAR, China (%) 1.7 Feb 2025 monthly Oct 2000 - Feb 2025
Hungary (%) 5.6 Feb 2025 monthly Jan 1977 - Feb 2025
Iceland (%) 4.2 Feb 2025 monthly Jan 1977 - Feb 2025
India (%) 3.6 Feb 2025 monthly Jan 1958 - Feb 2025
Indonesia (%) 3.1 Jul 2023 monthly Jan 1969 - Jul 2023
Iran (%) 35.4 Feb 2025 monthly Jan 1958 - Feb 2025
Ireland (%) 1.7 Feb 2025 monthly Nov 1976 - Feb 2025
Israel (%) 3.5 Feb 2025 monthly Jan 1993 - Feb 2025
Italy (%) 1.6 Feb 2025 monthly Jan 1956 - Feb 2025
Ivory Coast (%) 2.6 Nov 2024 monthly Jan 1961 - Nov 2024
Japan (%) 3.6 Feb 2025 monthly Jan 1996 - Feb 2025
Jordan (%) 0.9 Jul 2023 monthly Jan 1999 - Jul 2023
Kazakhstan (%) 14.0 Jul 2023 monthly Jan 1994 - Jul 2023
Kenya (%) 3.0 Dec 2024 monthly Mar 1963 - Dec 2024
South Korea (%) 2.3 Jul 2023 monthly Aug 1952 - Jul 2023
Kosovo (%) 1.7 Feb 2025 monthly May 2003 - Feb 2025
Kuwait (%) 2.5 Jan 2025 monthly Jul 1992 - Jan 2025
Kyrgyzstan (%) 7.0 Feb 2025 monthly Jan 1996 - Feb 2025
Laos (%) 12.7 Feb 2025 monthly May 1994 - Feb 2025
Latvia (%) 3.7 Feb 2025 monthly Jan 1992 - Feb 2025
Lebanon (%) 268.8 Apr 2023 monthly Dec 2008 - Apr 2023
Lithuania (%) 7.4 Jul 2023 monthly Dec 1991 - Jul 2023
Luxembourg (%) 1.7 Feb 2025 monthly Jan 1956 - Feb 2025
Macau SAR, China (%) 0.6 Jan 2025 monthly Jan 1989 - Jan 2025
North Macedonia (%) 5.0 Feb 2025 monthly Jan 1994 - Feb 2025
Malawi (%) 28.5 Jan 2025 monthly Jan 1981 - Jan 2025
Malaysia (%) 1.7 Jan 2025 monthly Jan 1958 - Jan 2025
Malta (%) 2.0 Feb 2025 monthly Jan 1997 - Feb 2025
Mauritius (%) 0.1 Feb 2025 monthly Jul 1963 - Feb 2025
Mexico (%) 3.8 Feb 2025 monthly Jan 1958 - Feb 2025
Moldova (%) 10.8 Jul 2023 monthly Jan 1992 - Jul 2023
Mongolia (%) 9.6 Jan 2025 monthly Oct 1992 - Jan 2025
Montenegro (%) 6.9 Jul 2023 monthly Jan 2008 - Jul 2023
Morocco (%) 2.0 Jan 2025 monthly Jan 1958 - Jan 2025
Mozambique (%) 9.6 Apr 2023 monthly Dec 1996 - Apr 2023
Myanmar (%) 25.3 Mar 2024 monthly Oct 2008 - Mar 2024
Nepal (%) 4.2 Feb 2025 monthly Jul 1964 - Feb 2025
Netherlands (%) 3.8 Feb 2025 monthly Jan 1958 - Feb 2025
New Zealand (%) 6.7 Mar 2023 quarterly Jun 1915 - Mar 2023
Nigeria (%) 23.2 Feb 2025 monthly Jan 1961 - Feb 2025
Norway (%) 3.5 Feb 2025 monthly Jan 1986 - Feb 2025
Oman (%) 1.6 Mar 2023 monthly Jan 2002 - Mar 2023
Pakistan (%) 1.5 Feb 2025 monthly Jan 1958 - Feb 2025
Palestinian Territory (%) 3.9 May 2023 monthly Jan 1997 - May 2023
Panama (%) -0.2 Jan 2025 monthly Jul 1975 - Jan 2025
Paraguay (%) 4.3 Feb 2025 monthly Jan 1958 - Feb 2025
Peru (%) 1.5 Feb 2025 monthly Jan 1958 - Feb 2025
Philippines (%) 2.1 Feb 2025 monthly Jan 1958 - Feb 2025
Poland (%) 4.9 Feb 2025 monthly Jan 1989 - Feb 2025
Portugal (%) 2.4 Feb 2025 monthly Jan 1949 - Feb 2025
Qatar (%) -1.1 Jan 2025 monthly Mar 2015 - Jan 2025
Romania (%) 9.4 Jul 2023 monthly Oct 1991 - Jul 2023
Russia (%) 4.3 Jul 2023 monthly Jan 1993 - Jul 2023
Saudi Arabia (%) 2.0 Jan 2025 monthly Feb 1981 - Jan 2025
Serbia (%) 12.5 Jul 2023 monthly Feb 1995 - Jul 2023
Singapore (%) 5.7 Apr 2023 monthly Jan 1962 - Apr 2023
Slovakia (%) 9.7 Jul 2023 monthly Jan 1992 - Jul 2023
Slovenia (%) 1.6 Feb 2025 monthly Jan 1981 - Feb 2025
South Africa (%) 6.8 Apr 2023 monthly Jan 1958 - Apr 2023
Spain (%) 3.0 Feb 2025 monthly Mar 1955 - Feb 2025
Sri Lanka (%) -4.0 Jan 2025 monthly Jan 1960 - Jan 2025
Sudan (%) 63.3 Feb 2023 monthly Jan 1958 - Feb 2023
Sweden (%) 9.3 Jul 2023 monthly Jan 1956 - Jul 2023
Switzerland (%) -0.5 Jan 2021 monthly Jan 1922 - Jan 2021

Montenegro Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.9 Dec 2024 quarterly Dec 2012 - Dec 2024
Consolidated Fiscal Balance (USD mn) 2.142 Jan 2025 monthly Jan 2012 - Jan 2025
Tax Revenue (USD mn) 137.427 Jan 2025 monthly Jan 2012 - Jan 2025
Tax Revenue: % of GDP (%) 24.9 Dec 2024 quarterly Mar 2012 - Dec 2024
National Government Debt (USD mn) 4,906.6 Sep 2024 monthly Dec 2010 - Sep 2024
Government Debt: % of GDP (%) 59.8 Sep 2024 quarterly Dec 2010 - Sep 2024
Forecast: Government Expenditure (EUR bn) 4.457 2029 yearly 2002 - 2029
Forecast: Government Net Debt (EUR bn) 6.678 2029 yearly 2002 - 2029
Forecast: Government Revenue (EUR bn) 3.919 2029 yearly 2002 - 2029
General Govt Balance: Consolidated: Deficit or Surplus (EUR) 2,068,456.780 Jan 2025 monthly Jan 2012 - Jan 2025
General Govt Expenditure: Consolidated (EUR) 154,176,756.440 Jan 2025 monthly Jan 2012 - Jan 2025
General Government Revenue: Consolidated (EUR) 156,245,213.220 Jan 2025 monthly Jan 2012 - Jan 2025
General Govt Revenue: Cons: Taxes (EUR) 132,702,629.510 Jan 2025 monthly Jan 2012 - Jan 2025
General Govt Expenditure: Cons: ow Current (EUR) 154,050,948.920 Jan 2025 monthly Jan 2012 - Jan 2025
General Govt Revenue: Cons: Taxes: Excises (EUR) 23,651,764.850 Jan 2025 monthly Jan 2012 - Jan 2025
General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) 96,606,704.820 Jan 2025 monthly Jan 2012 - Jan 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.534 2028 yearly 2003 - 2028
Trade Balance (USD mn) -202.9 Jan 2025 monthly Jan 2005 - Jan 2025
Total Exports (USD mn) 44.8 Jan 2025 monthly Jan 2005 - Jan 2025
Total Exports Growth (%) -6.4 Jan 2025 monthly Jan 2006 - Jan 2025
Aluminum: Exports (USD th) 77,568.321 2023 yearly 2008 - 2023
Exports: Medicament (USD th) 44,798.671 2023 yearly 2008 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 633.030 2023 yearly 2008 - 2023
Total Imports (USD mn) 247.7 Jan 2025 monthly Jan 2005 - Jan 2025
Total Imports Growth (%) 4.5 Jan 2025 monthly Jan 2006 - Jan 2025
Imports: Medicament (USD th) 145,430.350 2023 yearly 2008 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 61,662.231 2023 yearly 2008 - 2023
Total Exports to USA (USD mn) 0.326 Jan 2025 monthly Jan 2010 - Jan 2025
Total Imports from USA (USD mn) 2.017 Jan 2025 monthly Jan 2006 - Jan 2025
Total Exports to China (USD mn) 3.566 Jan 2025 monthly Jan 2010 - Jan 2025
Total Imports from China (USD mn) 34.395 Jan 2025 monthly Jan 2006 - Jan 2025
Exports (EUR th) 43,261.759 Jan 2025 monthly Jan 2005 - Jan 2025
Imports (EUR th) 239,198.143 Jan 2025 monthly Jan 2005 - Jan 2025
Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) 17,843.445 Jan 2025 monthly Mar 2009 - Jan 2025
Exports: Machinery & Transport Equipment (EUR th) 4,114.756 Jan 2025 monthly Mar 2009 - Jan 2025
Exports: Manufactured Goods (EUR th) 2,535.662 Jan 2025 monthly Mar 2009 - Jan 2025
Exports: Food & Live Animals (EUR th) 3,441.716 Jan 2025 monthly Mar 2009 - Jan 2025
Exports: Crude Materials: excl Fuels (EUR th) 8,770.757 Jan 2025 monthly Mar 2009 - Jan 2025
Exports: Europe: CEFTA: Serbia (EUR th) 9,140.412 Jan 2025 monthly Mar 2009 - Jan 2025
Exports: Europe: EU-28: Slovenia (EUR th) 2,689.830 Jan 2025 monthly Mar 2009 - Jan 2025
Imports: Food & Live Animals (EUR th) 45,073.913 Jan 2025 monthly Mar 2009 - Jan 2025
Imports: Manufactured Goods (EUR th) 33,949.824 Jan 2025 monthly Mar 2009 - Jan 2025
Imports: Miscellaneous Manufactured Goods (EUR th) 31,422.492 Jan 2025 monthly Mar 2009 - Jan 2025
Imports: Machinery & Transport Equipment (EUR th) 59,371.661 Jan 2025 monthly Mar 2009 - Jan 2025
Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) 25,395.451 Jan 2025 monthly Mar 2009 - Jan 2025
Imports: Europe: EU-28: Greece (EUR th) 15,355.588 Jan 2025 monthly Mar 2009 - Jan 2025
Imports: Europe: CEFTA: Serbia (EUR th) 39,313.863 Jan 2025 monthly Mar 2009 - Jan 2025
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 12.7 Dec 2024 quarterly Mar 2005 - Dec 2024
Current Account Balance (USD mn) -278.9 Mar 2023 quarterly Mar 2004 - Mar 2023
Current Account Balance: % of GDP (%) -27.0 Dec 2024 quarterly Mar 2010 - Dec 2024
Foreign Direct Investment (USD mn) 138.0 Dec 2024 quarterly Mar 2005 - Dec 2024
Foreign Direct Investment: % of GDP (%) 6.8 Dec 2024 quarterly Mar 2010 - Dec 2024
Foreign Portfolio Investment (USD mn) -35.868 Dec 2024 quarterly Mar 2005 - Dec 2024
Foreign Portfolio Investment: % of GDP (%) -1.8 Dec 2024 quarterly Mar 2010 - Dec 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 137.6 Sep 2024 quarterly Mar 2007 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 17.205 Sep 2024 quarterly Mar 2007 - Sep 2024
External Debt (USD mn) 8,616.5 2023 yearly 2006 - 2023
External Debt: % of GDP (%) 141.5 2022 yearly 2006 - 2022
External Debt: Short Term (USD mn) 198.7 2022 yearly 2007 - 2022
External Debt: Short Term: % of GDP (%) 3.2 2022 yearly 2007 - 2022
Forecast: Current Account Balance (USD bn) -1.492 2029 yearly 2001 - 2029
BoP: Current Account: Goods: Export (EUR th) 120,372.138 Dec 2018 quarterly Mar 2010 - Dec 2018
BoP: Current Account: Goods: Import (EUR th) 645,611.036 Dec 2018 quarterly Mar 2010 - Dec 2018
Balance of Payments (BoP): Current Account and Capital Account (EUR th) -374,597.413 Dec 2018 quarterly Mar 2010 - Dec 2018
BoP: Financial Account: Change in Central Bank Reserves (EUR th) -9,057.098 Dec 2018 quarterly Mar 2010 - Dec 2018
Gross General Government External Debt (EUR mn) 4,046.072 Sep 2024 monthly Dec 2010 - Sep 2024
Foreign Direct Investment: Flow: Serbia (EUR) 125,266,558.270 2023 yearly 2002 - 2023
Foreign Direct Investment: Flow: Slovenia (EUR) 9,478,424.000 2023 yearly 2001 - 2023
Foreign Direct Investment: Flow: Italy (EUR) 5,543,222.480 2023 yearly 2001 - 2023
Foreign Direct Investment: Flow: Switzerland (EUR) 65,139,405.970 2023 yearly 2001 - 2023
Foreign Direct Investment: Flow: Russian Federation (EUR) 112,506,571.770 2023 yearly 2001 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 4.3 Jun 2024 monthly Aug 2010 - Jun 2024
Household Debt: % of GDP (%) 26.4 Dec 2024 quarterly Dec 2010 - Dec 2024
Non-Performing Loans (USD mn) 218.559 Nov 2022 monthly Dec 2010 - Nov 2022
M2 Growth (%) 12.0 2023 yearly 2003 - 2023
Reserve Requirement Ratio (%) 5.5 Feb 2025 monthly Jan 2002 - Feb 2025
Foreign Exchange Reserves (USD mn) 1,395.0 Jan 2025 monthly Dec 2002 - Jan 2025
Foreign Exchange Reserves: % of GDP (%) 20.204 Dec 2024 quarterly Dec 2010 - Dec 2024
Foreign Exchange Reserves: Months of Import (NA) 5.6 Jan 2025 monthly Jan 2005 - Jan 2025
Gold Reserves (USD mn) 0.000 Jan 2025 monthly Dec 2002 - Jan 2025
Total Deposits (USD mn) 5,942.815 Jan 2025 monthly Jan 2003 - Jan 2025
Total Deposits Growth (%) 5.9 Jan 2025 monthly Jan 2004 - Jan 2025
Domestic Credit (USD mn) 3,817.3 Jan 2025 monthly Jan 2005 - Jan 2025
Domestic Credit Growth (%) 4.2 Jan 2025 monthly Jan 2006 - Jan 2025
Household Debt (USD mn) 2,075.8 Jan 2025 monthly Dec 2004 - Jan 2025
Total Loans (USD mn) 4,915.298 Jan 2025 monthly Jan 2003 - Jan 2025
Total Loans Growth (%) 13.28 Jan 2025 monthly Jan 2004 - Jan 2025
Private Debt: % of Nominal GDP (%) 46.08 Dec 2024 quarterly Dec 2010 - Dec 2024
Bank Loans: Non Performing Loans (EUR th) 200,600.000 Apr 2018 monthly Dec 2010 - Apr 2018
Bank Loans: Residents: Households (EUR th) 1,188,990.000 Jun 2018 monthly Jan 2009 - Jun 2018
ME: Bank Non-Performing Loans to Total Gross Loans (%) 7.426 2018 yearly 2013 - 2018

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