Makrognosis

Montenegro Core Inflation Rate

MonthlyNot seasonally adjustedCode ME.CPICORE.M.NSA

Latest (y/y)4.8%September 2026
Previous (y/y)4.4%August 2026
Level106.3September 2026
Next release10 Dec 2026expected

Montenegro Core Inflation Rate was up 4.8% year on year in September 2026, compared with 4.4% in August 2026.

The level stood at 106.3 (index).

That is the highest reading since August 2025.

Among the 50 economies Makrognosis covers on this measure, it is the 7th highest.

Over the past ten years it has ranged from −2.0% (Aug 2020) to 11.5% (Jan 2023), averaging 3.4%.

The next update is expected on 10 December 2026.

Montenegro Core Inflation Rate, annual % change, Dec 2015 – Sep 2026−5%0%5%10%201620182020202220242026Robomacro
Montenegro Core Inflation Rate, annual % change, Dec 2015 – Sep 2026. Source: Eurostat (Statistical Office of the European Union).
Montenegro Core Inflation Rate, level (index)708090100110201620182020202220242026Robomacro
Montenegro Core Inflation Rate, level (index).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
September 2026106.34.8
August 2026106.54.4
July 2026105.23.7
June 2026103.63.0
May 2026102.62.6
April 2026101.82.7
March 2026101.13.2
February 2026100.83.5
January 2026100.83.5
December 2025101.04.0
November 2025100.94.4
October 2025101.04.4
September 2025101.44.3
August 2025102.05.1
July 2025101.55.4
June 2025100.55.7
May 202599.926.5
April 202599.116.1
March 202597.985.4
February 202597.345.4
January 202597.365.4
December 202497.105.1
November 202496.664.6
October 202496.694.5

Last 24 observations. The full history (142 observations) is available through the API.

Get Montenegro Core Inflation Rate in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/ME.CPICORE.M.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/ME.CPICORE.M.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationSeptember 2026
First observationDecember 2014
Observations142
FrequencyMonthly
Unitsindex
AdjustmentNot seasonally adjusted
10-year high11.5% (Jan 2023)
10-year low−2.0% (Aug 2020)
10-year average3.4%
Source agencyEurostat (Statistical Office of the European Union)
Makrognosis codeME.CPICORE.M.NSA

Core Inflation Rate: how Montenegro compares

#EconomyPeriodLatest
1ArgentinaSep 202631.6%
2TurkeyOct 202628.5%
3RomaniaSep 20267.0%
4IcelandSep 20266.8%
5KosovoSep 20266.2%
6PhilippinesOct 20265.4%
7MontenegroSep 20264.8%
8SerbiaSep 20264.7%
9GreeceOct 20264.7%
10BulgariaOct 20264.5%
11MexicoOct 20263.8%
12GeorgiaSep 20263.7%
13LithuaniaOct 20263.7%

Core Inflation Rate by country: all 50 economies ranked →

Other Montenegro indicators

Montenegro GDP (Gross Domestic Product)Montenegro Inflation Rate (CPI)Montenegro Industrial ProductionMontenegro Retail SalesMontenegro Current account balance (BPM6, vs rest of world), not seasonally adjusted, million EURMontenegro GDP implicit deflator, 2010=100, seasonally and calendar adjustedMontenegro Population, 1 January

FAQ

What is the current core Inflation Rate in Montenegro?
The latest reading is 4.8% year on year for September 2026, published by Eurostat (Statistical Office of the European Union).
When is the next Montenegro core Inflation Rate release?
The next update is expected on 10 December 2026.
Where does this data come from?
It is collected directly from Eurostat (Statistical Office of the European Union) and is available through the Makrognosis API under the code ME.CPICORE.M.NSA.

Last updated 2026-11-10. Source: Eurostat (Statistical Office of the European Union). Original title: “Montenegro HICP: Core (excl. energy, food, alcohol & tobacco) (2025=100)”.