Montenegro’s inflation is gradually slowing and is expected to follow the same trend in 2025 despite risks from geopolitical uncertainties, raw material price fluctuations, and wage and pension growth, Central Bank Governor Irena Radovic said on Wednesday.
Speaking at a regional central bank governors’ meeting in Osijek, Croatia, Radovic noted that labour market imbalances also posed a challenge to inflation dynamics.
The event, hosted by the Croatian National Bank, gathered governors and senior officials from the European Central Bank and regional central banks to discuss economic trends and monetary policy.
As part of the programme, a roundtable discussion at the Faculty of Economics and Business in Osijek focused on inflation and payment technology in a dynamic environment, with Radovic among the panellists.
“Governors analysed current inflation trends in their countries and discussed ways to enhance payment systems,” the Central Bank of Montenegro (CBCG) said in a statement.
Radovic emphasised the importance of transparent communication with the public, saying the CBCG regularly publishes analyses and reports to provide citizens and businesses with relevant macroeconomic data.
She also highlighted efforts to modernise Montenegro’s payment systems, particularly the integration into the Single Euro Payments Area (SEPA), which she said would cut transaction costs and improve efficiency.