Oman's inflation reported at 1.93% in February

Muscat: The inflation rate of consumer prices in the Sultanate of Oman during February 2023 was 1.93 per cent, according to the data issued by the National Centre for Statistics and Information (NCSI).

The data showed an increase in the prices of the main commodity groups in February 2023 compared to the same month of 2022, such as the food and non-alcoholic beverages group by 5.08 per cent, the furniture, fixtures, household equipment and routine home maintenance group by 3.83 per cent, the restaurants and hotels group by 3.79 per cent, and the culture and entertainment group. by 2.08 per cent and the miscellaneous goods and services group by 1.61 per cent.

The NCSI data further said that the health group increased by 1.23 per cent, the clothing and footwear group by 1.02 per cent, the transportation group by 0.77 per cent, the education group by 0.05 per cent, and the housing, water, electricity, gas and other fuels group by 0.03 per cent. While the communication group showed a decrease of 0.15 per cent the tobacco group showed a decrease of 0.02 per cent.

According to the data of the food and non-alcoholic beverages group, the oil and fats price index increased by 19.57 per cent, the prices of fish and seafood increased by 12 per cent, the prices of milk, cheese and eggs increased by 10.11 per cent, the prices of non-alcoholic beverages increased by 5.23 per cent, the prices of bread and cereals increased by 5.04 per cent, and the index increased. The prices of meat increased by 4.29 per cent, the prices of other foodstuffs by 4.25 per cent, the prices of sugar, jam, honey and sweets by 3.22 per cent, and the prices of fruits by 2.74 per cent, while the vegetable group showed a decrease of 4.95 per cent.

As for the governorates, the Governorate of Al Buraimi witnessed the highest rate of inflation at 2.93 per cent, followed by the Governorate of Al Dhahirah at 2.21 per cent, then the Governorate of Muscat at 2.12 per cent, then the Governorate of Al Dakhiliyah at 2.04 per cent, followed by the Governorate of Dhofar at 2.03 per cent. Eastern Province has the lowest inflation rate, at 1.65 and 1.37 per cent, respectively.