Muscat: The Sultanate’s economy continues to witness good progress and achieved a growth of 15.1 per cent during the first half of 2018 as compared to 10.3 per cent in the same period last year.
The hydrocarbon and non-hydrocarbon sectors grew by 37.1 per cent and 5.1 per cent, respectively.
The continuous policy efforts and improving business environment supported sustained expansion in non-oil economic activities.
Inflation also remained benign and supportive of growth. Average annual inflation based on CPI for the Sultanate stood at 0.9 percent during January- November 2018.