News

19.03.2014
Monthly inflation in February was +0.1%

Monthly inflation measured by Harmonised Index of Consumer Prices was +0.1% in February. This was influenced mostly by increase in prices of: vegetables; fruit; beer; meat; milk, cheese and eggs etc.

When observing the main groups, monthly growth of prices was noticed in the following groups: Food and non-alcoholic beverages (+0.4%); Alcoholic beverages and tobacco (+0.3%); Health (+0.3%); while a drop of prices was recorded in 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 (-0.1%).

European Union annual inflation was 0.8% in February 2014, down from 0.9% in January, while Euro area annual inflation was 0.7%, down from 0.8% in January. In Montenegro, in February 2014, consumer prices measured by the HICP, compared with the same month last year, remained at the same level.

Positive annual inflation rates in February were observed in the following groups: Alcoholic beverages and tobacco (+6.9%); Restaurants and Hotels (+2.2%); Miscellaneous goods and services (+2.1%); Health (+1.9%); Furnishing, household equipment and routine household maintenance (+0.8%); Education (+0.2%); Housing, water, electricity, gas and other fuels (+0.1%), while negative annual inflation rates were observed in the following groups: Communications (-4.3%); Recreation and culture (-2.4%); Clothing and footwear (-2.2%); Transport (-1.8%); Food and non-alcoholic beverages (-1.0%).
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