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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
BahrainBahrain Private Sector Credit YoY climbed to 2.0% in September 2024
FMPMonthlyReleased October 2024
Bahrain Private Sector Credit YoY climbed to 2.0% in September 2024, released October 2024, up 0.1% from August's 1.9% reading. The reading missed the 2.4% consensus by 0.4%. The print is running well above the 12-month average of 1.37%. Over the past 3 months, Private Sector Credit YoY averaged 2.25%, vs 2.1% in the prior 3-month window.
Latest Release
2
Actual
2.4
Consensus
1.9
Previous
Median Absolute Error
±0.85 percentage points
across last 6 releases
Last Call
Oct 2024
Predicted: 1.9
Actual: 2
Error: -0.1
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.69 | FOREX | Bullish EUR | → View |
| GBP/USD | ▲ Direct | +0.65 | FOREX | Bullish GBP | → View |
| XAU/USD | ▲ Direct | +0.63 | COMMODITIES | Bullish XAU | → View |
| BTC/USD | ▼ Inverse | −0.62 | CRYPTO | Bearish BTC | → View |
| USD/JPY | ▼ Inverse | −0.35 | FOREX | Bearish USD | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Private Sector Credit YoY (Bahrain) was reported at 3.8% in June 2026. The reading rose from the previous value of 1.8%. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 0.97%, ranging from -0.5% to 3.8% across 7 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 2.37%, up from the prior three at -0.07%. Volatility over the past year (σ 1.43%) is higher than the prior year (σ 0.99%).
THE MODEL'S TAKE
Historically, this indicator is positively correlated with EUR/USD (Bullish EUR). A secondary relationship exists with GBP/USD, positively correlated (Bullish GBP). Over the last 6 releases, the Sigmacast model's median absolute error is 0.85%.
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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Private Sector Credit YoY - BH
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About Private Sector Credit YoY — Bahrain
DEFINITION
Private Sector Credit YoY (Year-over-Year) is a financial indicator that measures the annual change in the amount of credit extended to the private sector by financial institutions. This includes loans, mortgages, and other forms of credit. It is a key indicator of the overall health and growth of the private sector, as well as the availability and cost of credit for businesses and individuals. A positive YoY change indicates an increase in credit and potential economic expansion, while a negative change may signal a decrease in credit and potential economic contraction. Private Sector Credit YoY is closely monitored by economists and investors as it can provide valuable insights into the current and future state of the economy.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2026): actual 3.8 %. Prior reading (Apr 2026): 3.8 %. Before that (Nov 2025): 2.2 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with EUR/USD (Bullish EUR, r=0.69) — a useful reference for forex-focused traders.