Saturday, October 24, 2026

Oman News

Oman import prices rise 11.7% in second quarter as fuel costs climb

Mineral fuel prices jump 45.5% year on year; overall import price index increases 2% from first quarter.

TAS News Service

info@thearabianstories.com

Saturday, October 24, 2026

MUSCAT : Oman’s import prices rose 11.7% in the second quarter of 2026 from a year earlier, led by a sharp increase in mineral fuel prices, data from the National Centre for Statistics and Information showed.

The general import price index also increased 2% from the first quarter, with fuel recording the largest rise on both an annual and quarterly basis.

Prices of mineral fuels and related products climbed 45.5% year on year, followed by animal and vegetable oils, fats and waxes, which rose 16%. Chemicals and related products increased 11.6%.

Prices of crude materials excluding food and fuel rose 8.3%, while manufactured goods classified chiefly by material increased 7.1%. Beverages and tobacco rose 6.5%, food and live animals gained 1.1%, and machinery and transport equipment edged up 1%.

Miscellaneous manufactured articles were the only category to record an annual decline, falling 2.9%.

On a quarterly basis, mineral fuels and related products rose 21.1%, followed by beverages and tobacco at 13.8%.

Chemicals and related products and manufactured goods classified chiefly by material each increased 12.5% from the first quarter. Animal and vegetable oils, fats and waxes rose 11.7%.

Those increases were partly offset by a 12.8% decline in machinery and transport equipment prices and an 8.7% fall in crude materials excluding food and fuel.

Prices of miscellaneous manufactured articles fell 1% quarter on quarter, while food and live animals declined 0.3%.

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