The annual inflation rate in Bahrain stood at a six-month low of 0.1 percent in February of 2020, amid lower prices of housing & utilities (-0.4 percent vs -0.7 percent); recreation & culture (-5.2 percent vs 2.3 percent); communication (-2.4 percent vs -1.6 percent) and furnishings (-1.9 percent vs -2.2 percent). In addition, prices slowed mostly for alcoholic beverages & tobacco (0.8 percent vs 3.8 percent), transport (3.3 percent vs 3.5 percent) and miscellaneous goods & services (1.9 percent vs 2.5 percent). In contrast, food inflation picked up (2.1 percent vs 0.2 percent), pushed up by prices fish & seafood (6.9 percent); vegetables (21.1 percent) and fats & oils (12.1 percent). Also, prices rebounded for restaurants & hotels (1.1 percent vs -0.2 percent). On a monthly basis, consumer prices edged up 0.2 percent, after being flat in the previous month.
Inflation Rate in Bahrain averaged 2.05 percent from 2008 until 2020, 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. 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 2020.
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 2.90 in 12 months time. In the long-term, the Bahrain Inflation Rate is projected to trend around 2.60 percent in 2021, according to our econometric models.