Bahrain | Consumer price index (2010 = 100)
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. 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.
Publisher
The World Bank
Origin
Kingdom of Bahrain
Records
63
Source
Bahrain | Consumer price index (2010 = 100)
1960
1961
1962
1963
1964
1965 17.96565475
1966 18.34912657
1967 19.1304504
1968 19.75359211
1969 19.71524493
1970 20.03640258
1971 21.19640483
1972 22.27491932
1973 25.46732222
1974 31.6795657
1975 36.79891449
1976 45.0771124
1977 53.06978969
1978 61.4471413
1979 62.80266029
1980 65.23282496
1981 72.63322594
1982 79.08720601
1983 81.43799344
1984 81.70054893
1985 79.54694754
1986 77.72047547
1987 76.36425181
1988 76.59596842
1989 77.73410586
1990 78.45651645
1991 79.05625355
1992 78.91994966
1993 80.92361678
1994 81.58469062
1995 83.79076901
1996 83.41184421
1997 85.44004602
1998 85.12687932
1999 84.03079586
2000 83.43850231
2001 82.43092249
2002 82.02244418
2003 83.32957477
2004 85.29027064
2005 87.4960535
2006 89.25251023
2007 92.15916698
2008 95.40870212
2009 98.07586463
2010 100
2011 99.5999593
2012 102.34632529
2013 105.72376587
2014 108.52285883
2015 110.52904216
2016 113.60925829
2017 115.18469867
2018 117.58937436
2019 118.77211186
2020 116.01932315
2021 115.3158755
2022 119.49693053
Bahrain | Consumer price index (2010 = 100)
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. 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.
Publisher
The World Bank
Origin
Kingdom of Bahrain
Records
63
Source