EconomyConsumer prices rise 4.5% annually in July 2025, driven by fuel and...

Consumer prices rise 4.5% annually in July 2025, driven by fuel and food costs

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In July 2025, consumer prices in Montenegro increased by 4.5% compared to July 2024, according to Monstat data. Month-on-month, prices rose by 0.6%.

The biggest monthly inflation drivers were higher prices for motor fuels and lubricants, accommodation services, meat, fruit, solid fuels, dairy products, air passenger transport, bread, and cereals.

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From January to July 2025, consumer prices were on average 3.5% higher compared to the same period last year.

By category, notable monthly price increases in July were recorded in restaurants and hotels (3.4%), transport (2.6%), recreation and culture (0.9%), housing and utilities (0.8%), other goods and services (0.7%), food and non-alcoholic beverages (0.6%), household furniture and maintenance (0.3%), health (0.2%), and alcoholic beverages and tobacco (0.1%).

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Price decreases were seen in clothing and footwear (3.7%) and communications (0.1%).

Prices in other categories remained largely unchanged.

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