Updated
Updated · Economy Middle East · Jul 14
Oman’s June Inflation Holds at 2.8% as Food Prices Jump 6.1%
Updated
Updated · Economy Middle East · Jul 14

Oman’s June Inflation Holds at 2.8% as Food Prices Jump 6.1%

3 articles · Updated · Economy Middle East · Jul 14

Summary

  • Oman’s annual inflation rate stood at 2.8% in June 2026, with the first-half average also at 2.8%, showing broadly steady price pressure.
  • Food and non-alcoholic beverages led the rise, up 6.1% year on year, while transport climbed 5.5% and miscellaneous goods and services rose 5.7%.
  • Vegetable prices surged 23.6% within the food basket, ahead of fruit at 9.9% and meat at 7.3%, while fish was the only major food category to fall, down 1.7%.
  • Housing, water, electricity, gas and other fuels was the only major group to decline, slipping 0.6% and partly offsetting broader increases in services and imported-cost-sensitive categories.
  • Dhahirah posted the highest regional inflation at 3.5%, while North Sharqiyah recorded the lowest at 1.9%, underscoring uneven price trends across governorates.

Insights

As vegetable prices surge 24%, why are housing and utility costs in Oman actually decreasing?
With the Hormuz crisis raising transport costs, is Oman's inflation a crisis or a hidden economic opportunity?