MUSCAT – This decrease is attributed to a decline in the prices of the mining and quarrying group by 5.8 percent, resulting from a 6 percent drop in the prices of crude oil and natural gas products.
In contrast, the prices of metal ore products witnessed an increase of 17.7 percent, and the prices of stone and sand products recorded a slight increase of 0.3 percent.
As for the manufacturing industry group, it decreased by 4.3 percent, affected by a 3.1 percent decline in the prices of the other transportable goods group, and a 7.7 percent drop in the prices of the metal products, machinery, and equipment group. Conversely, the electrical energy production group rose by 32 percent, while the water production group recorded an increase of 27.3 percent.
Meanwhile, the prices of the food products, beverages, and textiles group remained stable without recording any notable change.
Read More
- Meethaq Islamic Banking main sponsor of the third Hajj and Umrah Conference and Exhibition
- Al Mouj Muscat’s young entrepreneur market attracts 25,700 visitors
- Oman’s Nama Distribution to invest RO 600 million in power networks, expand data-driven operations
- Joyalukkas breaks two Guinness World Records titles with the world’s heaviest and largest pair of gold earrings
- IMF mission to begin Oman economic review on October 25





