Inflation Falls 0.73pc in the Sultanate during June 2020

Muscat, The Sultanate’s Consumer Price Index (CPI)-based inflation declined by 0.73% during June 2020 compared to the same month of 2019, according to the latest data released by the National Centre for Statistics and Information (NCSI) on CPI.

According to the report, the inflation rate in June 2020 rose by 0.42% compared to May 2020.

The food and non-alcoholic beverages group witnessed a price rise by 3.39%; health by 0.98%; education by 2.21%, and restaurants and hotels by 0.88%.

However, the prices of transport fell by 6.95%; furnishings, household equipment, and routine household maintenance declined by 0.31%; housing, water, electricity, gas, and other fuels dropped by 0.52%; communication by 0.09%; and miscellaneous goods and services by 1.62% in June 2020 compared to the same month of 2019.

Meanwhile, among foods and non-alcoholic beverages category, a marked rise was witnessed in the price of fruit; vegetables; bread and cereals; fish and seafood; and meat by 4.78%; 10.55%; 0.27%; 0.43% and 1.62%, respectively. However, the price of milk, cheese and eggs fell by 0.51%.

Non-alcoholic beverages registered a price rise of 14.17% while those of clothing and footwear declined by 1.13% in June 2020 against the same period of 2019.

Source: Oman News Agency