News

17.03.2014
Monthly inflation in February 2014 remained stable

Consumer prices in Montenegro in February 2014 compared with previous month remained at the same level. Consumer prices in February 2014 compared with the same month of previous year were lowe for -0.6%. Growth rate of consumer prices in period January-February 2014 compared with the same period of previous year was -0.5%.

When observing the main groups monthly drop of prices was noticed in the following groups: Clothing and footwear (-2.1%); Housing, water, electricity, gas and other fuels (-0.2%); Recreation and culture (-0.2%); Furnishing, household equipment and routine household maintenance (-0.2%), while a growth of prices is recorded in groups: Food and non-alcoholic beverages (+0.3%); Health (+0.3%); Alcoholic beverages and tobacco (+0.2%). Prices in groups: Transport; Communications; Education; Restaurants and hotels; Miscellaneous goods and services remained at the same level as in the previous month.

Positive annual inflation rates in February were observed in the following groups: Alcoholic beverages and tobacco (+7.5%); Miscellaneous goods and services (+2.3%); Health (+1.9%); Restaurants and hotels (+1.3%), Furnishing, household equipment and routine household maintenance (+0.7%); Education (+0.2%), while negative annual inflation rates were observed in the following groups: Communications (-4.3%); Recreation and culture (-4.2%); Clothing and footwear (-2.2%); Transport (-2.1%); Food and non-alcoholic beverages (-0.9%).

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