Bahrain CPI Reports 0.4% Year-on-Year Increase in November 2024; Restaurant and Hotel Prices Surge 3.4%
TDT | Manama
Email : editor@newsofbahrain.com
The Information & eGovernment Authority (iGA) of the Kingdom of Bahrain released its November 2024 Consumer Price Index (CPI) report, showing a modest 0.4% year-on-year increase. This slight rise compared to November 2023 reflects a mixed performance across various sectors.
The report details several key changes. Transportation costs increased by 3%, while telecommunications saw a 3.6% rise. Restaurants and hotels also experienced growth, with a 3.4% increase. Miscellaneous goods and services rose by 2.4%.
The cost of housing, water, electricity, gas, and other fuels increased by 0.9%, and healthcare and personal care saw a notable 4.8% increase. Conversely, several sectors registered decreases. Food and beverage prices (excluding alcohol) fell by 2%, while recreation and culture experienced a significant 9.3% decline.
Clothing and footwear decreased by 6.9%, and furniture, household equipment, and routine home maintenance also fell by 2.4%. The education sector saw a minimal 0.6% increase, and alcohol and tobacco prices rose by 1.2%.
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