Rate of inflation in the Sultanate of Oman... is declining

  • Muscat, Sultanate of Oman
  • 18 April 2023
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The consumer price inflation rate in the Sultanate of Oman during March 2023 was about 1.58 percent, compared to 1.93 percent in February, up from 1.89 percent in January.

According to the monthly survey of consumer prices issued by the National Center for Statistics and Information, the prices of the main commodity groups increased in March 2023. Namely the group of food and non-alcoholic beverages by 4.08 percent, the group of furniture, fixtures, and household equipment and regular home maintenance by 3.81 percent, and the group of restaurants and hotels by 3.75 percent. Culture and entertainment group 2.28 percent, miscellaneous goods and services group 1.73 percent, health group 1.23 percent, clothing and footwear group 0.70 percent, transport group 0.32 percent, education group 0.05 percent, and housing, water, electricity, gas, and other fuels group 0.03 percent.

Source (Al Khaleej Emirati Newspaper, Edited)

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