Montenegro’s consumer price inflation registered at 2.9 percent in January 2026, as reported by the Statistical Office of Montenegro (MONSTAT). This figure indicates a sustained period of moderate inflation compared to earlier months, suggesting a stable economic environment as the new year commences.
The consumer price index (CPI) rose by 2.9 percent year-on-year, while monthly inflation saw a slight increase of 0.1 percent from December 2025. This annual rate reflects the average changes in prices for goods and services typically acquired by households across the country.
The primary contributors to price increases in January included tobacco products, solid fuels, various meat and dairy items, as well as fruits and nuts. Additionally, there were notable rises in household maintenance services and bundled telecommunications offerings.
Despite ongoing price increases, the January inflation rate suggests a relatively stable economic climate when compared to higher inflation peaks observed in previous years. The trends in inflation are critical for shaping economic policy, influencing wage adjustments, and affecting household purchasing power in Montenegro as the year unfolds.
