Bahrain’s CPI inflation quickens to 3.7% y/y in February 2014

By bne IntelliNews March 21, 2014

Bahrain’s annual Consumer Price Index speeded up to 3.7% y/y in February 2014 from 3.3% y/y in January on rising food and housing costs. Also, the monthly CPI heated-up, climbing by 0.6% m/m in February, up from a 0.2% m/m increase in January, Bahrain’s Central Informatics Organisation reported.

The monthly CPI was pulled higher mainly due to a 3% m/m jump in the sub-index for food and non-alcoholic beverages. While prices of clothing and footwear as well as miscellaneous goods and services were 0.3% m/m and 0.7% m/m higher, respectively.  Meanwhile, prices declined in the sub-indexes for alcoholic beverages and tobacco (-0.9%); furnishing, household  equipment and routine household maintenance (-0.2%); health care services (-1.2%).  

The annual CPI inflation was fuelled by price increases in the sub-index for housing, water, electricity, gas and other fuels (6.9%); education (5%); food and non-alcoholic (6.2%); restaurants (4%); miscellaneous goods and services (3.7%).

 

 

Feb.-14 (m/m)

change in %

Feb.-14 (y/y)

change in %

CPI

0.6

3.7

Food and Non-Alcoholic Beverages

3

6.2

Alcoholic beverages, tobacco

-0.9

1.5

Clothing and Footwear

0.3

0.1

Housing, water. Electricity, gas and other fuels

0.0

6.9

Furnishing, household equipment and routine household maintenance

-0.2

1.2

Health care services

-1.2

-0.4

Transportation

0.0

0.6

Communication

0.1

0.2

Recreation and culture

0.1

1.7

Education

0.0

5

Restaurants

0.0

4

Miscellaneous goods and service

0.7

3.7

Source:

 

Central Informatics Organisation

 

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