Montenegro Inflation Rate Eases in April

Figures

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The annual inflation rate in Montenegro eased slightly to 5.4% in April from a five-month high of 5.5% in the previous month, according to data from the Statistical Office of Montenegro (Monstat).

Prices moderated for food & non-alcoholic beverages (3.4% vs 4.2% in March), recreation & culture (4.3% vs 5%), clothing & footwear (11.3% vs 11.9%), and restaurants & hotels (13.2% vs 13.5%).

Meanwhile, costs grew faster for alcoholic beverages & tobacco (4.1% vs 4%), housing utilities (7.1% vs 6.7%), and transport (3.7% vs 2.2%).

On a monthly basis, consumer prices grew by 0.1% in April, slowing from 0.5% rise in the prior month.

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