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 (%) 3.8 Sep 2024 monthly Jan 1975 - Sep 2024
Argentina (%) 209.0 Sep 2024 monthly Dec 2017 - Sep 2024
Armenia (%) 0.6 Oct 2024 monthly Dec 1993 - Oct 2024
Australia (%) 2.9 Sep 2024 quarterly Dec 1987 - Sep 2024
Austria (%) 2.3 Aug 2024 monthly Jan 1949 - Aug 2024
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 (%) 6.2 Sep 2024 monthly Jan 1938 - Sep 2024
Bosnia and Herzegovina (%) 10.3 Mar 2023 monthly Jan 2006 - Mar 2023
Botswana (%) 1.5 Sep 2024 monthly Jun 1975 - Sep 2024
Brazil (%) 4.4 Sep 2024 monthly Dec 1980 - Sep 2024
Brunei (%) 0.8 May 2023 monthly Jan 2001 - May 2023
Bulgaria (%) 1.2 Sep 2024 monthly May 1991 - Sep 2024
Cambodia (%) 0.8 Sep 2024 monthly Oct 1995 - Sep 2024
Canada (%) 1.7 Sep 2024 monthly Jan 1993 - Sep 2024
Chile (%) 6.5 Jul 2023 monthly Jan 1971 - Jul 2023
China (%) 0.4 Sep 2024 monthly Jan 1985 - Sep 2024
Colombia (%) 5.8 Sep 2024 monthly Jul 1955 - Sep 2024
Croatia (%) 1.6 Sep 2024 monthly Jan 1987 - Sep 2024
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 (%) 26.4 Sep 2024 monthly Jan 1958 - Sep 2024
Estonia (%) 4.1 Oct 2024 monthly Jan 1993 - Oct 2024
European Union (%) 2.1 Sep 2024 monthly Jan 1997 - Sep 2024
Finland (%) 6.5 Jul 2023 monthly Jan 1980 - Jul 2023
France (%) 1.1 Sep 2024 monthly Jan 1991 - Sep 2024
Georgia (%) 0.3 Jul 2023 monthly Jan 1995 - Jul 2023
Germany (%) 2.1 Oct 2024 monthly Jun 1949 - Oct 2024
Ghana (%) 21.5 Sep 2024 monthly Mar 1964 - Sep 2024
Greece (%) 2.9 Sep 2024 monthly Jan 1956 - Sep 2024
Hong Kong SAR, China (%) 2.5 Aug 2024 monthly Oct 2000 - Aug 2024
Hungary (%) 3.0 Sep 2024 monthly Jan 1977 - Sep 2024
Iceland (%) 5.1 Oct 2024 monthly Jan 1977 - Oct 2024
India (%) 5.5 Sep 2024 monthly Jan 1958 - Sep 2024
Indonesia (%) 3.1 Jul 2023 monthly Jan 1969 - Jul 2023
Iran (%) 31.2 Sep 2024 monthly Jan 1958 - Sep 2024
Ireland (%) 0.7 Sep 2024 monthly Nov 1976 - Sep 2024
Israel (%) 3.4 Sep 2024 monthly Jan 1993 - Sep 2024
Italy (%) 0.9 Oct 2024 monthly Jan 1956 - Oct 2024
Ivory Coast (%) 2.8 Sep 2024 monthly Jan 1961 - Sep 2024
Japan (%) 2.4 Sep 2024 monthly Jan 1996 - Sep 2024
Jordan (%) 0.9 Jul 2023 monthly Jan 1999 - Jul 2023
Kazakhstan (%) 14.0 Jul 2023 monthly Jan 1994 - Jul 2023
Kenya (%) 3.6 Sep 2024 monthly Mar 1963 - Sep 2024
South Korea (%) 2.3 Jul 2023 monthly Aug 1952 - Jul 2023
Kosovo (%) 0.2 Sep 2024 monthly May 2003 - Sep 2024
Kuwait (%) 2.8 Sep 2024 monthly Jul 1992 - Sep 2024
Kyrgyzstan (%) 4.9 Sep 2024 monthly Jan 1996 - Sep 2024
Laos (%) 20.7 Oct 2024 monthly May 1994 - Oct 2024
Latvia (%) 1.4 Sep 2024 monthly Jan 1992 - Sep 2024
Lebanon (%) 268.8 Apr 2023 monthly Dec 2008 - Apr 2023
Lithuania (%) 7.4 Jul 2023 monthly Dec 1991 - Jul 2023
Luxembourg (%) 1.0 Oct 2024 monthly Jan 1956 - Oct 2024
Macau SAR, China (%) 0.6 Sep 2024 monthly Jan 1989 - Sep 2024
North Macedonia (%) 2.6 Sep 2024 monthly Jan 1994 - Sep 2024
Malawi (%) 33.9 Aug 2024 monthly Jan 1981 - Aug 2024
Malaysia (%) 1.8 Sep 2024 monthly Jan 1958 - Sep 2024
Malta (%) 2.1 Sep 2024 monthly Jan 1997 - Sep 2024
Mauritius (%) 3.1 Sep 2024 monthly Jul 1963 - Sep 2024
Mexico (%) 5.0 Aug 2024 monthly Jan 1958 - Aug 2024
Moldova (%) 10.8 Jul 2023 monthly Jan 1992 - Jul 2023
Mongolia (%) 6.7 Sep 2024 monthly Oct 1992 - Sep 2024
Montenegro (%) 6.9 Jul 2023 monthly Jan 2008 - Jul 2023
Morocco (%) 0.8 Sep 2024 monthly Jan 1958 - Sep 2024
Mozambique (%) 9.6 Apr 2023 monthly Dec 1996 - Apr 2023
Myanmar (%) 25.3 Mar 2024 monthly Oct 2008 - Mar 2024
Nepal (%) 3.9 Sep 2024 monthly Jul 1964 - Sep 2024
Netherlands (%) 3.5 Sep 2024 monthly Jan 1958 - Sep 2024
New Zealand (%) 6.7 Mar 2023 quarterly Jun 1915 - Mar 2023
Nigeria (%) 32.7 Sep 2024 monthly Jan 1961 - Sep 2024
Norway (%) 3.0 Sep 2024 monthly Jan 1986 - Sep 2024
Oman (%) 1.6 Mar 2023 monthly Jan 2002 - Mar 2023
Pakistan (%) 7.2 Oct 2024 monthly Jan 1958 - Oct 2024
Palestinian Territory (%) 3.9 May 2023 monthly Jan 1997 - May 2023
Panama (%) -0.3 Sep 2024 monthly Jul 1975 - Sep 2024
Paraguay (%) 3.6 Oct 2024 monthly Jan 1958 - Oct 2024
Peru (%) 1.7 Oct 2024 monthly Jan 1958 - Oct 2024
Philippines (%) 2.3 Oct 2024 monthly Jan 1958 - Oct 2024
Poland (%) 5.0 Oct 2024 monthly Jan 1989 - Oct 2024
Portugal (%) 2.1 Sep 2024 monthly Jan 1949 - Sep 2024
Qatar (%) 0.2 Jul 2024 monthly Mar 2015 - Jul 2024
Romania (%) 9.4 Jul 2023 monthly Oct 1991 - Jul 2023
Russia (%) 4.3 Jul 2023 monthly Jan 1993 - Jul 2023
Saudi Arabia (%) 1.7 Sep 2024 monthly Feb 1981 - Sep 2024
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 (%) 0.0 Oct 2024 monthly Jan 1981 - Oct 2024
South Africa (%) 6.8 Apr 2023 monthly Jan 1958 - Apr 2023
Spain (%) 1.5 Sep 2024 monthly Mar 1955 - Sep 2024
Sri Lanka (%) -0.2 Sep 2024 monthly Jan 1960 - Sep 2024
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

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Montenegro Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.6 Jun 2024 quarterly Dec 2012 - Jun 2024
Consolidated Fiscal Balance (USD mn) -7.595 Sep 2024 monthly Jan 2012 - Sep 2024
Tax Revenue (USD mn) 206.925 Aug 2024 monthly Jan 2012 - Aug 2024
Tax Revenue: % of GDP (%) 28.8 Jun 2024 quarterly Mar 2012 - Jun 2024
National Government Debt (USD mn) 4,779.0 Oct 2024 monthly Dec 2010 - Oct 2024
Government Debt: % of GDP (%) 62.1 Jun 2024 quarterly Dec 2010 - Jun 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) -6,840,077.840 Sep 2024 monthly Jan 2012 - Sep 2024
General Government Revenue: Consolidated (EUR) 255,360,081.630 Aug 2024 monthly Jan 2012 - Aug 2024
General Govt Revenue: Cons: Taxes: Excises (EUR) 43,213,446.430 Aug 2024 monthly Jan 2012 - Aug 2024
General Govt Revenue: Cons: Taxes (EUR) 187,772,027.160 Aug 2024 monthly Jan 2012 - Aug 2024
General Govt Expenditure: Cons: ow Current (EUR) 228,662,844.960 Sep 2024 monthly Jan 2012 - Sep 2024
General Govt Expenditure: Consolidated (EUR) 255,225,880.760 Sep 2024 monthly Jan 2012 - Sep 2024
General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) 126,480,010.050 Aug 2024 monthly Jan 2012 - Aug 2024
Gross General Government External Debt (EUR mn) 4,046.072 Oct 2024 monthly Dec 2010 - Oct 2024
Gross General Government Debt (EUR mn) 4,402.555 Oct 2024 monthly Dec 2010 - Oct 2024
Gross General Government Debt: Domestic (EUR mn) 356.483 Oct 2024 monthly Dec 2010 - Oct 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.534 2028 yearly 2003 - 2028
Trade Balance (USD mn) -317.1 Sep 2024 monthly Jan 2005 - Sep 2024
Total Exports (USD mn) 55.1 Sep 2024 monthly Jan 2005 - Sep 2024
Total Exports Growth (%) 18.8 Sep 2024 monthly Jan 2006 - Sep 2024
Aluminum: Exports (USD th) 77,568.321 2023 yearly 2008 - 2023
Exports: Medicament (USD th) 34,801.190 2022 yearly 2008 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 28.151 2022 yearly 2008 - 2022
Total Imports (USD mn) 372.2 Sep 2024 monthly Jan 2005 - Sep 2024
Total Imports Growth (%) -4.0 Sep 2024 monthly Jan 2006 - Sep 2024
Imports: Medicament (USD th) 116,265.339 2022 yearly 2008 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 45,821.508 2022 yearly 2008 - 2022
Total Exports to USA (USD mn) 0.710 Sep 2024 monthly Jan 2010 - Sep 2024
Total Imports from USA (USD mn) 3.557 Sep 2024 monthly Jan 2006 - Sep 2024
Total Exports to China (USD mn) 0.009 Sep 2024 monthly Jan 2010 - Sep 2024
Total Imports from China (USD mn) 48.410 Sep 2024 monthly Jan 2006 - Sep 2024
Imports (EUR th) 335,159.322 Sep 2024 monthly Jan 2005 - Sep 2024
Exports (EUR th) 49,590.034 Sep 2024 monthly Jan 2005 - Sep 2024
Exports: Machinery & Transport Equipment (EUR th) 8,066.066 Sep 2024 monthly Mar 2009 - Sep 2024
Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) 12,570.469 Sep 2024 monthly Mar 2009 - Sep 2024
Exports: Manufactured Goods (EUR th) 3,583.137 Sep 2024 monthly Mar 2009 - Sep 2024
Exports: Food & Live Animals (EUR th) 4,905.345 Sep 2024 monthly Mar 2009 - Sep 2024
Exports: Crude Materials: excl Fuels (EUR th) 8,862.294 Sep 2024 monthly Mar 2009 - Sep 2024
Exports: Europe: CEFTA: Serbia (EUR th) 11,643.271 Sep 2024 monthly Mar 2009 - Sep 2024
Exports: Europe: EU-28: Slovenia (EUR th) 3,129.443 Sep 2024 monthly Mar 2009 - Sep 2024
Imports: Manufactured Goods (EUR th) 53,603.622 Sep 2024 monthly Mar 2009 - Sep 2024
Imports: Miscellaneous Manufactured Goods (EUR th) 52,751.432 Sep 2024 monthly Mar 2009 - Sep 2024
Imports: Food & Live Animals (EUR th) 63,717.541 Sep 2024 monthly Mar 2009 - Sep 2024
Imports: Machinery & Transport Equipment (EUR th) 73,100.504 Sep 2024 monthly Mar 2009 - Sep 2024
Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) 41,819.048 Sep 2024 monthly Mar 2009 - Sep 2024
Imports: Europe: CEFTA: Serbia (EUR th) 58,817.940 Sep 2024 monthly Mar 2009 - Sep 2024
Imports: Europe: EU-28: Greece (EUR th) 19,171.376 Sep 2024 monthly Mar 2009 - Sep 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 17.3 Jun 2024 quarterly Mar 2005 - Jun 2024
Current Account Balance (USD mn) -278.9 Mar 2023 quarterly Mar 2004 - Mar 2023
Current Account Balance: % of GDP (%) -22.8 Jun 2024 quarterly Mar 2010 - Jun 2024
Foreign Direct Investment (USD mn) 154.9 Jun 2024 quarterly Mar 2005 - Jun 2024
Foreign Direct Investment: % of GDP (%) 7.8 Jun 2024 quarterly Mar 2010 - Jun 2024
Foreign Portfolio Investment (USD mn) -9.733 Jun 2024 quarterly Mar 2005 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) -0.5 Jun 2024 quarterly Mar 2010 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 105.1 Jun 2024 quarterly Mar 2007 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 49.891 Jun 2024 quarterly Mar 2007 - Jun 2024
External Debt (USD mn) 8,815.2 2022 yearly 2006 - 2022
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
Foreign Direct Investment: Flow: Slovenia (EUR) 9,478,424.000 2023 yearly 2001 - 2023
Foreign Direct Investment: Flow: Serbia (EUR) 125,266,558.270 2023 yearly 2002 - 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 (%) 25.2 Jun 2024 quarterly Dec 2010 - Jun 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 Sep 2024 monthly Jan 2002 - Sep 2024
Foreign Exchange Reserves (USD mn) 1,600.1 Jul 2024 monthly Dec 2002 - Jul 2024
Foreign Exchange Reserves: % of GDP (%) 20.266 Jun 2024 quarterly Dec 2010 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 3.7 Jul 2024 monthly Jan 2005 - Jul 2024
Gold Reserves (USD mn) 0.000 Jul 2024 monthly Dec 2002 - Jul 2024
Total Deposits (USD mn) 6,314.083 Sep 2024 monthly Jan 2003 - Sep 2024
Total Deposits Growth (%) 2.5 Sep 2024 monthly Jan 2004 - Sep 2024
Domestic Credit (USD mn) 3,687.7 Sep 2024 monthly Jan 2005 - Sep 2024
Domestic Credit Growth (%) 1.3 Sep 2024 monthly Jan 2006 - Sep 2024
Household Debt (USD mn) 2,100.2 Sep 2024 monthly Dec 2004 - Sep 2024
Total Loans (USD mn) 5,134.139 Sep 2024 monthly Jan 2003 - Sep 2024
Total Loans Growth (%) 15.32 Sep 2024 monthly Jan 2004 - Sep 2024
Private Debt: % of Nominal GDP (%) 45.02 Jun 2024 quarterly Dec 2010 - Jun 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

More Indicators for Montenegro

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