Introduction
This analysis draws on data published by Eurostat and the Organisation for Economic Co-operation and Development (OECD). All values are updated in real-time, typically on the 18th–20th of each month when data providers publish final figures. We will examine:
- Annual inflation (how prices have changed compared to the same month in the previous year)
- Monthly inflation (price changes compared to the previous month)
- Price level changes relative to 2015 (which provides a better understanding of changes over time)
As inflation represents a long-term structural trend, the annual rate provides the most meaningful indicator of price dynamics.
Overall Inflation
- In December 2025, Montenegro's annual inflation rate amounted to 3.7%, and the monthly rate was -0.3%.
- For comparison, the annual inflation rate was 2.3% in the European Union and 1.9% in the euro area.
- Since 2015, consumer prices in Montenegro have risen by 41.9%, showing the cumulative effect of inflation.
Food
- In December 2025, Montenegro's annual food inflation rate was 4.2%, and the monthly rate was -0.9%.
- For comparison, the annual food inflation rate was 2.8% in the European Union and 2.5% in the euro area.
- Food prices in Montenegro have changed by 55.4% in total since 2015.
Alcohol and Tobacco
- In December 2025, Montenegro recorded an annual alcohol and tobacco inflation rate of 4.2%, and the monthly rate was -1.3%.
- For comparison, the annual alcohol and tobacco inflation rate was 4% in the European Union and 2.7% in the euro area.
- Since 2015, alcohol and tobacco prices in Montenegro have increased by 54.8%.
Clothing
- In December 2025, Montenegro's annual clothing inflation rate stood at -2.1%, and the monthly rate was 0%.
- For comparison, the annual clothing inflation rate was 0.3% in the European Union and 0.3% in the euro area.
- Clothing prices in Montenegro have changed by 27.8% since 2015.
Housing and Utilities
- In December 2025, Montenegro's annual housing and utilities inflation rate was 6.1%, and the monthly rate was 0.1%.
- Across the European Union, the annual housing and utilities inflation rate was 2%, compared with 1.2% in the euro area.
- Since 2015, housing and utilities prices in Montenegro have changed by 28.1% in total.
Household Equipment
- In December 2025, Montenegro's annual household equipment inflation rate amounted to 2.8%, and the monthly rate was -0.3%.
- For comparison, the annual household equipment inflation rate was 0.3% in the European Union and 0.2% in the euro area.
- Household equipment prices in Montenegro have changed by 29.3% since 2015.
Healthcare
- In December 2025, Montenegro's annual healthcare inflation rate stood at 12.9%, and the monthly rate was 0.5%.
- For comparison, the annual healthcare inflation rate was 2.9% in the European Union and 2.3% in the euro area.
- Healthcare prices in Montenegro have changed by 41.5% since 2015.
Transport
- In December 2025, Montenegro's annual transport inflation rate was 1.8%, and the monthly rate was -0.3%.
- For comparison, the annual transport inflation rate was 1.2% in the European Union and 1.4% in the euro area.
- Transport prices in Montenegro have changed by 25.5% since 2015.
Communications
- In December 2025, Montenegro recorded an annual communications inflation rate of -1.1%, and the monthly rate was 0%.
- For comparison, the annual communications inflation rate was -0.1% in the European Union and -0.9% in the euro area.
- Communications prices in Montenegro have changed by 6.2% since 2015.
Recreation and Culture
- In December 2025, Montenegro's annual recreation and culture inflation rate amounted to 5.1%, and the monthly rate was 0.3%.
- For comparison, the annual recreation and culture inflation rate was 1.5% in the European Union and 1.2% in the euro area.
- Recreation and culture prices in Montenegro have changed by 19.6% since 2015.
Education
- In December 2025, Montenegro's annual education inflation rate was 0%, and the monthly rate was 0%.
- For comparison, the annual education inflation rate was 4.4% in the European Union and 3.6% in the euro area.
- Education prices in Montenegro have changed by 9.8% since 2015.
Restaurants and Hotels
- In December 2025, Montenegro's annual restaurants and hotels inflation rate stood at 5.1%, and the monthly rate was 0.1%.
- For comparison, the annual restaurants and hotels inflation rate was 4% in the European Union and 3.6% in the euro area.
- Restaurants and hotels prices in Montenegro have changed by 66.5% since 2015.
Energy
- In December 2025, Montenegro recorded an annual energy inflation rate of 0.5%, and the monthly rate was -0.5%.
- For comparison, the annual energy inflation rate was -1.1% in the European Union and -1.9% in the euro area.
- Energy prices in Montenegro have changed by 19.5% since 2015.
Services
- In December 2025, Montenegro's annual services inflation rate amounted to 4.9%, and the monthly rate was 0.1%.
- For comparison, the annual services inflation rate was 3.7% in the European Union and 3.4% in the euro area.
- Services prices in Montenegro have changed by 48.5% since 2015.
Frequently Asked Questions
In December 2025, annual inflation in Montenegro was 3.7%, representing a change of -0.2 percentage points compared to the previous period.
The current price index (2015=100) shows 141.9 for Montenegro as of December 2025. This means prices have risen significantly since the 2015 baseline year.
Month-over-month price changes in December 2025 were -0.3% in Montenegro.
The inflation measurement in Montenegro is composed of several key components, each with different weights in the overall index (per 1,000 of consumer expenditure):
- Food and non-alcoholic beverages: N/A
- Alcoholic beverages, tobacco and narcotics: N/A
- Clothing and footwear: N/A
- Housing, water, electricity, gas and other fuels: N/A
- Furnishings, household equipment and routine household maintenance: N/A
- Health: N/A
- Transport: N/A
- Communication: N/A
- Recreation and culture: N/A
- Education: N/A
- Restaurants and hotels: N/A
- Miscellaneous goods and services: N/A
- Total: N/A
Inflation in Other Countries
Compare Montenegro's inflation results with other European countries to explore broader regional trends.
Methodology and Data Sources
This analysis utilizes real-time data from Eurostat, processed and visualized through Monitly's analytics platform. All charts and statistics are updated automatically to reflect the latest available information.