Since the beginning of the year, the world has experienced rapid and persistently high inflation rates. Some countries, such as the United Kingdom, are estimated to have inflation rates of 18% by Citibank in early 2023 (Schomberg and Miliken, 2022). Such figures for developed nations are rather high, especially compared to their historical trends, where long-run inflation in the UK is approximately 2.6% (Keane, 2022). As inflation rates across multiple developed and developing nations remain high, is Bahrain experiencing a similar trend of high inflation rates compared to its trends?
A quick look at the relationship of output and employment by nationality in Bahrain
What is the relationship between output and employment in Bahrain? This article takes a quick look at the theory and actual results of what output and employment looks like by nationality in Bahrain. Does an increase in production result in higher employment rates amongst expatriates and Bahrainis? If so, why? Why do we see a relationship between output and employment? These are the items that we will address.
How do prices move in the months during Ramadan & Eid?
Is there a large variation in prices during Ramadan and Eid in Bahrain? If so, to what extent do they change? Through a basic data analytic overview, this article will investigate whether we observe such a fluctuation in prices during the season of Ramadan and Eid in Bahrain. Understanding whether these prices change seasonally can prove to be important for policymakers in the country. In particular, economists believe that decision-makers should use data based on the real trends of price levels, which is achieved by applying seasonal adjustments to the data.