Bahrain - Consumer price index (2010 = 100)

The value for Consumer price index (2010 = 100) in Bahrain was 115.32 as of 2021. As the graph below shows, over the past 56 years this indicator reached a maximum value of 118.77 in 2019 and a minimum value of 17.97 in 1965.

Definition: Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Data are period averages.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1965 17.97
1966 18.35
1967 19.13
1968 19.75
1969 19.72
1970 20.04
1971 21.20
1972 22.27
1973 25.47
1974 31.68
1975 36.80
1976 45.08
1977 53.07
1978 61.45
1979 62.80
1980 65.23
1981 72.63
1982 79.09
1983 81.44
1984 81.70
1985 79.55
1986 77.72
1987 76.36
1988 76.60
1989 77.73
1990 78.46
1991 79.06
1992 78.92
1993 80.92
1994 81.58
1995 83.79
1996 83.41
1997 85.44
1998 85.13
1999 84.03
2000 83.44
2001 82.43
2002 82.02
2003 83.33
2004 85.29
2005 87.50
2006 89.25
2007 92.16
2008 95.41
2009 98.08
2010 100.00
2011 99.60
2012 102.35
2013 105.72
2014 108.52
2015 110.53
2016 113.61
2017 115.18
2018 117.59
2019 118.77
2020 116.02
2021 115.32

Development Relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series.

Limitations and Exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries.

Statistical Concept and Methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.

Base Period: 2010

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices