Bahrain's annual inflation rate edged down to 1.0 percent in April of 2019 from 1.2 percent in the previous month. Cost went up at a softer pace for transport (2.5 percent vs 2.7 percent in March) while prices fell for clothing & footwear (-4.1 percent vs -2.5 percent); recreation & culture (-10.1 percent, the same as in March) and furniture & household equipment (-1.6 percent vs 2.0 percent). Meanwhile, inflation was steady for food & non-alcoholic beverages (at 2.2 percent); housing & utilities (at 4.0 percent) and restaurants (at 1.3 percent) while prices rose faster for alcoholic beverages & tobacco (9.4 percent vs 8.6 percent) and for miscellaneous goods & services (2.0 percent vs 0.3 percent). On a monthly basis, consumer prices fell 0.8 percent, after increasing 0.8 percent in March. Inflation Rate in Bahrain averaged 2.15 percent from 2008 until 2019, reaching an all time high of 5.22 percent in January of 2009 and a record low of -2.06 percent in March of 2011.
Inflation Rate in Bahrain is expected to be 2.10 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 2.50 in 12 months time. In the long-term, the Bahrain Inflation Rate is projected to trend around 2.60 percent in 2020, according to our econometric models.