Oman’s annual inflation rate rose to 3.35 percent in October of 2021, from 2.46 percent in September, the highest since February 2012. Upward pressure came from prices of transport (9.58 percent); food & non-alcoholic beverages (3.42 percent), underpinned by fish & seafood (14.82 percent); housing & utilities (1.01 percent); education (5.1 percent); and miscellaneous goods & services (3.24 percent). On a monthly basis, consumer prices went up 0.75 percent, compared to a 0.45 percent downtick in the previous month. source: National Center for Statistics & Information - Oman

Inflation Rate in Oman averaged 2.78 percent from 2005 until 2021, reaching an all time high of 14.50 percent in June of 2008 and a record low of -1.57 percent in January of 2021. This page provides - Oman Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Oman Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.

Inflation Rate in Oman is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Oman Inflation Rate is projected to trend around 2.50 percent in 2022, according to our econometric models.

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Oman Inflation Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-10-21 08:00 AM Sep 2.46% 2.08% 2.4%
2021-11-21 10:20 AM Oct 3.35% 2.46% 2.9%
2021-12-20 09:00 AM Nov 3.35%


Related Last Previous Unit Reference
Inflation Rate 3.35 2.46 percent Oct/21
Food Inflation 3.42 1.87 percent Oct/21
CPI Transportation 116.10 115.10 points Oct/21

News Stream
Oman Inflation Rate at 4-½-Year High
Oman’s annual inflation rate rose to 2.46 percent in September of 2021, following a 2.19 percent rise in the previous month, the highest since March 2017. Main upward pressure came from prices of transport (8.19 percent vs 7.10 percent in August), food & non-alcoholic beverages (1.87 percent vs 1.39 percent), particularly for meat (1.33 percent) and bread & cereals (1.76 percent), and housing & utilities (0.33 percent vs 0.10 percent). On a monthly basis, consumer prices dropped 0.45 percent, compared to a 0.02 uptick in August.
2021-10-21
Oman Inflation Rate Eases to 2.1% in August
Oman's annual inflation rate edged down to 2.08 percent in August of 2021 from 2.19 percent in the previous month, due to a slowdown in prices of transport (7.10 percent vs 7.80 percent in July), miscellaneous goods & services (3.38 percent vs 3.73 percent), furnishing and household equipment (1.30 percent vs 1.32 percent), while housing, water, electricity, gas and other fuels inflation was steady (at 0.10 percent). Meantime, prices continued to increase for food & non-alcoholic beverages (1.39 percent vs 1.18 percent); recreation & culture (2.07 percent vs 1.98 percent) and restaurants & hotels (0.86 percent vs 0.46 percent). On a monthly basis, consumer prices inched up 0.02 percent, following a 0.75 percent rise in the previous month.
2021-10-13
Oman Inflation Rate at Over 4-Year High
Consumer prices in Oman increased by 2.19 percent year-on-year in July of 2021, following a 1.25 percent rise in the previous month. It was the highest inflation rate since March of 2017, driven by prices of transport (7.80 percent vs 5.72 percent in June); food & non-alcoholic beverages (1.18 percent vs -0.58 percent); miscellaneous goods & services (3.73 percent vs 3.30 percent); recreation & culture (1.98 percent vs 1.61 percent) and restaurants & hotels (0.46 percent vs -0.20 percent). On a monthly basis, consumer prices inched up 0.75 percent, after being almost flat in the previous month.
2021-08-19

Oman Inflation Rate
In Oman, the main components of the consumer price index are: Food, Beverages and Tobacco (30 percent of the total weight); Transport and Communication (22 percent) and Rent, Electricity, Water and Fuel (21 percent). Clothing, Textiles and Footwear account for 8 percent; Personal Care Items and Other Services for 6 percent and Furniture and Housing Materials for 5 percent. Others include: Educational Services (3 percent); Recreation and Entertainment (3 percent) and Medical Care (2 percent). The index has a base of 100 as of 2000.