Macroeconomic Forecast Montenegro

Price pressures in Montenegro eased slightly in May, as the pace of consumer price inflation fell to 3.6% year-on-year (y-o-y), down from the 3.7% print registered in April and March. We expect headline inflation to gradually drift lower in the months ahead to 2.5% at year-end. Cooling international commodity prices, particularly for food and energy, should conspire to help consumer price pressures ease over the balance of 2011.

To read the full article, please choose one of the following options: