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Oman News

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Oman’s inflation rate drops to .9% in May

The Sultanate of Oman’s estimated inflation rate was 0.9 percent in the month of May, compared to the same period in 2022

TAS News Service

info@thearabianstories.com

Sunday, June 18, 2023

Muscat – As per the initial figures released by the National Centre for Statistics and Information, the highest inflation rate of 1.6 percent was recorded in Al Buraimi Governorate and the lowest (0.3 percent) was recorded in the governorates of North and South Al Sharqiya.

The most prominent indicators of inflation in May were milk, cheese and eggs at 9.6 percent, followed by oils and fats (5.8 percent), fish and seafood (4.6 percent) and non-alcoholic drinks (4.4 percent).

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