Oman CPI Rises 3.8% in May as Personal Goods and Transport Jump 9.6% and 9.2%
Updated
Updated · Times Of Oman · Jun 22
Oman CPI Rises 3.8% in May as Personal Goods and Transport Jump 9.6% and 9.2%
3 articles · Updated · Times Of Oman · Jun 22
Summary
Oman's annual inflation reached 3.8% in May, with January-May average inflation at 2.8% and the latest reading marking a four-year high.
Personal goods and services led price gains at 9.6%, followed by transport at 9.2% and food and non-alcoholic beverages at 6.6%, while housing and utilities edged down 0.3%.
Vegetable prices surged 24.9% within the food basket, with fruits up 16.7% and meat 5.1%, helping keep pressure on household costs.
Al Dhahirah posted the fastest governorate inflation at 4.8%, ahead of Al Dakhiliyah at 4.4% and Muscat at 4.2%, showing price pressures were broad across Oman.