Oman's inflation stands at 1.98% in December 2022

Business Sunday 15/January/2023 15:39 PM
Oman's inflation stands at 1.98% in December 2022

Muscat: The inflation rate of the Consumers Price Index (CPI) in the Sultanate of Oman stood at 1.98 per cent during December 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 December 2022 compared to the corresponding period in 2021, such as food and non-alcoholic beverages by 5.4 per cent, restaurants and hotels by 4.05 per cent, health by 3.82 per cent, furniture, household equipment and routine household maintenance by 2.27 per cent, miscellaneous goods and services by 1.87 per cent, clothing and footwear by 1.09 per cent, recreation and culture by 1.05 per cent, housing, water, electricity, gas and other fuels by 0.63 per cent, transport by 0.41 per cent and education by 0.05 per cent.

Meanwhile, inflation declined in the group of communications by 0.06 per cent and stabilised in the tobacco group.

Prices also went up for oils and fats by 19.49 per cent, meats by 8.42 per cent, milk, cheese and eggs by 7.65 per cent, fruits by 6.51 per cent, non-alcoholic beverages by 5.43 per cent, bread and cereals by 5.10 per cent, other foodstuffs by 2.75 per cent and sugar, jam, honey and sweets by 2.33 per cent.
Prices dropped in the main groups of fish and seafood by 5.80 per cent and vegetables by 1.03 per cent.

As far as governorates are concerned, Al Buraimi recorded the highest inflation rate at 3.3 per cent, followed by Al Dakhiliyah (2.5 per cent), North Al Batinah (2.3 per cent), Al Dhahirah (2 per cent), and Muscat (1.8 per cent). The lowest inflations rate was recorded in North Al Sharqiyah, South Al Sharqiyah and Dohfar, which stood at 1.7 per cent for each governorate.