MINA News

Inflation expected to slow down this year

Podgorica, Osijek, (MINA-BUSINESS) – Governor of the Central Bank (CBCG) Irena Radovic stated that inflation in Montenegro was slowing down gradually.

“The same trend is expected during 2025 despite risks that include geopolitical uncertainties, fluctuations in raw material prices, wage and pension growth, and labour market imbalances,” Radovic said at a regional meeting of central bank governors in Osijek.

The meeting, organized by the Croatian National Bank, brought together governors and senior representatives from the European Central Bank and the region’s central banks to discuss current economic topics and monetary and financial policy trends.

The event included a round table at the Faculty of Economics and Business in Osijek titled Inflation and Payment Technology in a Dynamic Environment, featuring Radovic as a panellist.

“During the discussion, the governors analysed the current inflation trends in their countries and discussed the challenges and opportunities for improving payment systems,” stated a press release from the CBCG.

Radovic highlighted the importance of transparent communication with the public, noting that the CBCG regularly published analyses, reports and research to provide citizens and the economy with relevant data on macroeconomic trends.

She presented the CBCG’s activities aimed at modernising payment systems, especially underscoring SEPA integration, which would significantly reduce transaction costs and improve the efficiency of payment transactions.