FINANCIAL NEWS

Bahrain’s inflation reaches 2.4% in May

23 Jun 2010

(MENAFN) A report issued by Bahrain?s Central Office of Information showed that the kingdom?s annual inflation stood at 2.4 percent last month, Gulf Daily News reported.

The consumer price index (CPI), which represents a balanced rate of all commodity prices in the consumer basket, for April stood at 111.8 points.

Thus the consumer price index decreased by 0.6 percent compared with the previous month, while the CPI last month increased by 2.4 percent compared with May last year.

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