Inflation Rate in Bahrain
Consumer prices declined 0.1% year on year in March (February: +1.1%), largely due to a statistical effect: In January 2022, the VAT was doubled to 10%, fueling inflation. Meanwhile, on 3 May, the Central Bank hiked the one-week deposit rate by 25 basis points—mirroring the Fed—to 6.00%. In 2023, inflation will be lower than last year, thanks to a fading base effect and higher interest rates.
Bahrain Inflation Rate Chart
This chart displays Inflation Rate (CPI, annual variation in %) for Bahrain from 2013 to 2022.
Bahrain Inflation Rate Data
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Inflation (CPI, ann. var. %, aop) | 1.4 | 2.1 | 1.0 | -2.3 | -0.6 |