Inflation rate in Oman hits 2.06% in November

Business Tuesday 20/December/2022 17:48 PM
Inflation rate in Oman hits 2.06% in November

Muscat: The inflation rate of the Consumers Price Index (CPI) in the Sultanate of Oman stood at 2.06 per cent during November 2022, 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 November 2022 compared to November 2021, such as food and non-alcoholic beverages by 5.01 per cent, restaurants and hotels by 4.02 per cent, health by 3.82 per cent, furniture, household equipment and routine household maintenance by 2.14 per cent, miscellaneous goods and services by 1.65 per cent, clothing and footwear by 1.48 per cent, recreation and culture by 1.26 per cent, housing, water, electricity, gas and other fuels by 0.84 per cent, transport by 0.55 per cent and education by 0.05 per cent. Meanwhile, inflation declined in the group of communications by 0.06 per cent.

Prices also went up for oils and fats by 19.98 per cent, meats by 9.24 per cent, milk, cheese and eggs by 7.24 per cent, fruits by 5.75 per cent, non-alcoholic beverages by 5.23 per cent, bread and cereals by 4.59 per cent, other foodstuff by 2.71 per cent and sugar, jam, honey and sweets by 2.41 per cent.

Prices dropped in the main groups of vegetables by 3.48 per cent and fish and seafood by 3.38 per cent.

As far as governorates are concerned, Al Buraimi recorded the highest inflation rate of 3.38 per cent, followed by Al Dakhiliyah at 2.75 per cent, Al Dhahirah at 22.1 per cent, Muscat at 2.02 per cent, North Al Batinah and South Al Batinah by 1.95 per cent, North Al Sharqiyah and South Al Sharqiyah by 1.72 per cent and Dhofar by 1.68 per cent.