The annual inflation rate in Bahrain declined to 3.6% in December of 2022 from 3.9% in November, pointing to the lowest reading since June. Transport inflation eased to a six-month bottom (6.4% vs 6.7% in November) amid softer rises in prices of food and non-alcoholic beverages (11.5% vs 12.7%), household equipment and routine household maintenance (2.5% vs 3.2%), communication (1.5% vs 2.4%), restaurants & hotels (9.2% vs 10.8%), and alcoholic beverages & tobacco (11.8% vs 11.9%). In addition, costs fell further for both housing & utilities (-0.7% vs -0.5%) and clothing & footwear (-5.0% vs -2.7%). On a monthly basis, consumer prices dropped by 0.3% in December after edging down 0.1% in November and October and marking the third straight period of decrease. source: Central Informatics Organisation - Kingdom of Bahrain
Inflation Rate in Bahrain averaged 1.69 percent from 2008 until 2022, 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 January of 2023.
Inflation Rate in Bahrain is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.