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Oman inflation up 0.5% in November on rising food costs

Oman inflation up 0.5% in November on rising food costs

Oman inflation up 0.5% in November on rising food costs

Dec 24, 2024

Oman’s consumer prices inched higher in November, driven by the rising costs of basic commodities, according to data from the National Centre for Statistics and Information.

Inflation for the month ticked up by 0.5% compared to a year ago, with vegetable prices rising by 11%, dairy goods like eggs, cheese and milk up by 5.4%, fruits by 4.7%, and several kitchen staples like sugar, fats, oils, as well as honey, jams, chocolates and candies by 2.4%.

Overall, the miscellaneous goods and services category recorded an annual change of 5.5%, while health posted a 3.2% growth, and food and non-alcoholic beverages rose by 1.9%.

Restaurants, hotels, recreation and culture registered a minimal growth of 0.7%.

Transport-related costs, however, fell by 2.8%, while the prices of housing and utilities were stable.