Consumer prices in Bahrain fell 3 percent from a year ago in February of 2021, following a 2.7 percent drop in January, thus completing a full year of annual price decreases.Main downward pressure came from prices of recreation & culture (-30.5 percent vs -34.1 percent in January), restaurants & hotels (-9.9 percent vs -7.8 percent) and housing, water, electricity, gas and other fuels (-1.5 percent vs -1.3 percent). Moreover, food inflation slowed significantly (0.6 percent vs 3.3 percent), while the biggest positive variation was recorded for Alcoholic Beverages and Tobacco (17.0 percent vs 15.0 percent). On a monthly basis, consumer prices edged down by 0.1 percent, after a 1.1 percent decline in the previous month. source: Central Informatics Organisation - Kingdom of Bahrain
Inflation Rate in Bahrain averaged 1.66 percent from 2008 until 2021, reaching an all time high of 5.22 percent in January of 2009 and a record low of -3.60 percent in April of 2020. This page provides the latest reported value for - Bahrain Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Bahrain Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.
Inflation Rate in Bahrain is expected to be -1.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Bahrain to stand at 1.40 in 12 months time. In the long-term, the Bahrain Inflation Rate is projected to trend around 1.90 percent in 2022 and 2.00 percent in 2023, according to our econometric models.