Inflation in Bahrain

Bahrain Inflation | Economic News & Forecasts

Bahrain - Inflation

Economic growth moderated in the third quarter, due to a contraction in the mining and quarrying sector and softer manufacturing growth. However, higher oil prices cushioned the slowdown. Looking at the fourth quarter, the large fall in oil prices likely depressed the mining and quarrying sector and dragged on the economy’s performance. Encouragingly, the recently secured financial aid package from the Gulf Cooperation Council motivated Moody’s to upgrade Bahrain’s credit rating outlook from negative to stable in December. Also, in December, Sheikh Salman bin Khalifa Al Khalifa was appointed as the new finance minister following parliamentary elections. Moreover, the value-added tax introduced on 1 January will help narrow the fiscal deficit.

Bahrain - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)3.2  2.7  1.8  2.8  1.4  

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Bahrain Inflation Chart

Bahrain Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: Central Informatics Organization.

Bahrain Facts

Exchange Rate0.380.03 %Jan 21
Stock Market1,3500.04 %Jan 21

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