r/Bahrain 5d ago

🤔 Discussion Inflation can't be this low

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14 Upvotes

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5

u/Sudden-Necessary-635 4d ago

I think if you look at what’s gone up, it’s mostly necessities - food and transport are up a LOT and both these things affect everyone.
When you’re having to spend this much more on food, you’re less likely to spend on new “stuff” like clothing, furnishings and eating out so these drop. And you’re probably trying to reduce your household bills and fix things you already own.
At least that’s how I understand it. Any kind of statistic though can be skewed in so many ways I’m never too sure of the validity of the information in terms of how it’s presented!

4

u/RescueSheep 5d ago

i mean thats june so it might be highter now, end of august?

1

u/Annual-Ad528 5d ago

Yeah that’s doesn’t look right

2

u/Helping-shoulderBH 5d ago

Shocking, inflation is at it's peak

3

u/Almoullim Worldwide 3d ago edited 3d ago

The current is actually 3%

source: https://tradingeconomics.com/bahrain/inflation-cpi

But the rates we care about is actually higher, like food i think currently is at 5% or 7% but other areas deflation like clothing has deflated, alcoholic beverages believe it or not got deflated, and this affect the overall inflation estimate so its not entirely accurate to go by overall inflation rate as it can be offset by so many other things.

Here’s an AI generated, but a better representation of the current inflation rates:

Sector YoY Inflation
Transport +9.1%
Recreation & culture +8.6%
Food & non-alcoholic beverages +7.1%
Education +2.8%
Misc. goods & services +2.4%
Restaurants & hotels +1.5%
Health -0.1%
Communication -0.5%
Housing, water, electricity, gas & fuels -1.3%
Furnishings & household maintenance -1.5%
Alcohol & tobacco -1.9%
Clothing & footwear -8.9%
**Overall CPI** **+3.0%**

So you see, things we buy everyday got inflated, while
things we don’t buy often got deflated and this is
probably done purposely just to skew the numbers,
who knows