The inflation rate in the Sultanate of Oman decreased by 1.42 percent at the end of December 2020 compared to the same month in 2019. The rate also witnessed a decrease of 0.18 percent compared to November 2020, according to the latest data issued by the National Center for Statistics and Information on Consumer Price Index numbers.

The decrease in the price index in December 2020 compared to the same month of 2019 is due to the decrease in the prices of the main groups such as the transportation group by 6.42%, and the housing, water, electricity, gas and other fuels group by 0.42%, the restaurant and hotel group increased by 0.22 percent, the food and non-alcoholic beverages group by 0.07 percent, and the communications group by 0.04 percent. On the other hand, the prices of the various personal goods and services group increased by 1.14%, the culture and entertainment group by 0.54%, the group of furniture, appliances and household equipment and regular household maintenance by 0.13%, the education group by 0.08%, and the health group by 0.02%.

At the governorate level, Al-Dakhiliya Governorate witnessed the highest rate of decline in inflation, at 2.07 percent, followed by North Al-Batinah Governorate, at 1.86 percent, then the governorates of North and South Al Sharqiya by 1.30%, and Buraimi Governorate by 1.27%, and the rate of decline in Al Dhahirah Governorate was 1.24%, in Dhofar Governorate by 1.17% and in Muscat Governorate by 1.12%.

Source (Ad-Dustour Jordanian Newspaper, Edited)