Makrognosis

Montenegro Inflation Rate (CPI)

MonthlyNot seasonally adjustedCode ME.CPI.M.NSA

Latest (y/y)5.5%September 2026
Previous (y/y)4.6%August 2026
Level107.1September 2026
Next release10 Dec 2026expected

Montenegro Inflation Rate (CPI) was up 5.5% year on year in September 2026, compared with 4.6% in August 2026.

The level stood at 107.1 (index).

That is the highest reading since April 2024.

Among the 80 economies Makrognosis covers on this measure, it is the 19th highest.

Over the past ten years it has ranged from −1.3% (Aug 2020) to 15.8% (Nov 2022), averaging 3.9%.

The next update is expected on 10 December 2026.

Montenegro Inflation Rate (CPI), annual % change, Dec 2015 – Sep 2026−5%0%5%10%15%201620182020202220242026Robomacro
Montenegro Inflation Rate (CPI), annual % change, Dec 2015 – Sep 2026. Source: Eurostat (Statistical Office of the European Union).
Montenegro Inflation Rate (CPI), level (index)60708090100110201620182020202220242026Robomacro
Montenegro Inflation Rate (CPI), level (index).

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

Recent data

PeriodValueY/Y %
September 2026107.15.5
August 2026106.84.6
July 2026105.43.9
June 2026104.13.6
May 2026103.43.4
April 2026102.73.6
March 2026101.22.9
February 2026100.42.6
January 2026100.22.7
December 2025100.13.7
November 2025100.43.9
October 2025101.04.6
September 2025101.54.7
August 2025102.14.7
July 2025101.44.7
June 2025100.54.6
May 202599.964.5
April 202599.113.8
March 202598.323.2
February 202597.903.2
January 202597.613.3
December 202496.482.6
November 202496.642.3
October 202496.581.7

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

Get Montenegro Inflation Rate (CPI) 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.CPI.M.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/ME.CPI.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 high15.8% (Nov 2022)
10-year low−1.3% (Aug 2020)
10-year average3.9%
Source agencyEurostat (Statistical Office of the European Union)
Makrognosis codeME.CPI.M.NSA

Inflation Rate (CPI): how Montenegro compares

#EconomyPeriodLatest
1VenezuelaOct 2026376.9%
2SudanDec 202568.1%
3ArgentinaOct 202633.1%
4TurkeyOct 202629.8%
5HaitiSep 202616.4%
14LithuaniaOct 20266.1%
15IndiaOct 20266.1%
16UgandaOct 20265.8%
17GreeceOct 20265.7%
18BulgariaSep 20265.7%
19MontenegroSep 20265.5%
20IcelandSep 20265.4%
21ItalyOct 20265.4%
22CambodiaSep 20265.3%
23BelgiumOct 20265.3%
24PeruOct 20265.3%
25VietnamOct 20265.1%

Inflation Rate (CPI) by country: all 80 economies ranked →

More Montenegro Inflation Rate (CPI) series

Montenegro HICP: Alcohol, tobacco & narcotics (2025=100)Montenegro HICP: All-items excl. energy & seasonal food (2025=100)Montenegro HICP: All-items excl. energy & unprocessed food (2025=100)Montenegro HICP: All-items excl. energy (2025=100)Montenegro HICP: All-items excl. tobacco (2025=100)Montenegro HICP: Clothing & footwear (2025=100)Montenegro HICP: Education services (2025=100)Montenegro HICP: Energy (2025=100)Montenegro HICP: Food & non-alcoholic beverages (2025=100)Montenegro HICP: Food (2025=100)Montenegro HICP: Furnishings & household equipment (2025=100)Montenegro HICP: Health (2025=100)Montenegro HICP: Housing, water, electricity & fuels (2025=100)Montenegro HICP: Industrial goods (2025=100)Montenegro HICP: Information & communication (2025=100)Montenegro HICP: Insurance & financial services (2025=100)Montenegro HICP: Non-energy industrial goods (2025=100)Montenegro HICP: Personal care & misc. goods/services (2025=100)Montenegro HICP: Recreation, sport & culture (2025=100)Montenegro HICP: Restaurants & accommodation (2025=100)

Other Montenegro indicators

Montenegro GDP (Gross Domestic Product)Montenegro Core Inflation RateMontenegro 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 inflation Rate (CPI) in Montenegro?
The latest reading is 5.5% year on year for September 2026, published by Eurostat (Statistical Office of the European Union).
When is the next Montenegro inflation Rate (CPI) 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.CPI.M.NSA.

Last updated 2026-11-10. Source: Eurostat (Statistical Office of the European Union). Original title: “Montenegro HICP: All-items (2025=100)”.