Oman's inflation stands at 1.89% in January

Muscat: The inflation rate of the Consumers Price Index (CPI) in the Sultanate of Oman stood at 1.89 per cent during January 2023, according to the latest data issued by the National Centre for Statistics and Information (NCSI).

The data indicated a rise in the prices of main groups in January 2023 compared to the corresponding period in 2022, such as food and non-alcoholic beverages by 4.78 per cent, restaurants and hotels by 3.91 per cent, furniture, household equipment and routine household maintenance by 3.42 per cent, health by 2.73 per cent, miscellaneous goods and services by 2.04 per cent, recreation and culture by 1.96 per cent, clothing and footwear by 1.00 per cent, transport by 0.77 per cent, education by 0.05 per cent, housing, water, electricity, gas and other fuels by 0.03 per cent. Meanwhile, inflation declined in the group of communications by 0.15 per cent and stabilised in the tobacco group.

Prices also went up for oils and fats by 19.60 per cent, milk, cheese and eggs by 7.53 per cent, meats by 5.70 per cent, bread and cereals by 5.50 per cent, non-alcoholic beverages by 5.18 per cent, other foodstuffs by 3.45 per cent, fruits by 3.28 per cent, sugar, jam, honey and sweets by 2.61 per cent, fish and seafood by 2.14 per cent.

Prices dropped in the group of vegetables by 0.12 per cent.

As far as governorates are concerned, Al Buraimi recorded the highest inflation rate (2.91 per cent), followed by Al Dakhiliyah (2.13 per cent), Al Dhahirah (2.11 per cent), North Al Batinah (1.94 per cent) and Muscat (1.89 per cent). The lowest inflations rate was recorded in the Governorate of Dhofar, as well as the Governorates of North and South Al Sharqiyah by 1.83 per cent and 1.36 per cent respectively.