MUSCAT : According to data issued by the National Center for Statistics and Information, the producer price index of Oman recorded a decrease of 3% in the second quarter of 2023. Prices of oil and gas products decreased by 2.5%, and non-oil products decreased by 5.5%.
The decrease in the prices of oil and gas products is attributed to the decrease in the prices of crude oil products and natural gas by 1.1%, and the prices of refined oil products by 10.3%.
For all the latest news from Oman and GCC, follow us on Twitter, Instagram and LinkedIn, like us on Facebook and subscribe to our YouTube page, which is updated daily.
Read More
- Oman’s Labour Ministry warns against fictitious employment and data misuse
- Oman to witness penumbral lunar eclipse on August 28
- Onam fever grips Oman as supermarkets bustle, restaurants fill up ahead of Thiruvonam
- Oman targets 30% local health manufacturing in three years and cut reliance on imports
- Oman and UK discuss bilateral ties, regional developments in Muscat
