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Inflation Rate in Oman Increases 2.39pc in October 2022

Inflation Rate in Oman Increases 2.39pc in October 2022

Muscat, The inflation rate in the Sultanate of Oman in October 2022 increased by 2.39% compared to the corresponding period in 2021, 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 October 2022 compared to October 2021, such as food and non-alcoholic beverages by 4.64%, education by 0.05%, health by 3.45%, transport by 2.16%, recreation and culture by 1.13%, restaurants and hotels by 4.35%, clothing and footwear by 1.55%, furniture, household equipment and routine household maintenance by 2% and housing, water, electricity, gas and other fuels by 1.08%.

Meanwhile, inflation declined by 0.05% in the main group of communications.

Prices also went up for oils and fats by 20.81%, meats by 9.60%, milk, cheese and eggs by 6.08%, non-alcoholic beverages by 5.29%, bread and cereals by 4.90%, fruits by 3.71%, foodstuff by 4.57% and sugar, jam, honey and sweets by 2.32%.

On the other hand, prices went down for the main groups of vegetables by 2.27% and fish and seafood by 5.28%.

Source: Oman News Agency