Consumer prices in Bahrain dropped 2.0 percent from a year ago in March of 2021, following a 3.0 percent decline in February. It was the 13th month in deflationary territory, as prices fell for food and non-alcoholic beverages (-2.2 percent vs 0.6 percent in February), housing & utilities (-1.7 percent vs -1.5 percent), clothing & footwear (-6.0 percent vs -6.5 percent), recreation & culture, despite a considerable slowdown, (-7.6 percent vs -30.5 percent), and for other goods & services (-7.5 percent vs -9.9 percent). On a monthly basis, consumer prices edged down by 0.1 percent in March, the same variation as the one recorded last month. source: Central Informatics Organisation - Kingdom of Bahrain
Inflation Rate in Bahrain averaged 1.64 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 June of 2021.
Inflation Rate in Bahrain is expected to be 0.20 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 1.30 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.