The annual inflation rate in Oman accelerated for the first time in four months to 2.39% in October of 2022, from September's 13-month low of 2.36%. Main upward pressure came from cost of housing & utilities (1.08% vs 0.30% in September), food & non-alcoholic beverages (4.64% vs 5.03%), transport (2.16% vs 3.07%), restaurants & hotels (4.35% vs 1.65%), clothing & footwear (1.55% vs 1.16%), miscellaneous goods & services (1.58% vs 1.56%), furnishings & household equipment (2.00% vs 1.72%); recreation & culture (1.13% vs 1.64%). On a monthly basis, consumer prices rose by 0.78%, rebounding from a 0.11% fall in the previous month. source: National Center for Statistics & Information - Oman

Inflation Rate in Oman averaged 2.80 percent from 2005 until 2022, 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 2022.

Inflation Rate in Oman is expected to be 2.50 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 2023, according to our econometric models.

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Oman Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-10-20 07:00 AM Sep 2.4% 2.4% 2.3%
2022-11-21 01:40 AM Oct 2.39% 2.4% 2.3%
2022-12-20 09:00 AM Nov 2.39% 2.2%


Related Last Previous Unit Reference
Inflation Rate 2.39 2.36 percent Oct 2022
Food Inflation 4.64 5.03 percent Oct 2022
CPI Transportation 118.60 118.70 points Oct 2022

Oman Inflation Rate
In Oman, the main components in Consumer Price Index are: Housing & Utilities (27% of the total weight); Food & Non-alcoholic Beverages (24%); and Transport (19%). Restaurants & Hotels accounts for 6%, Clothing & Footwear for 6%, Communications for 6%, Miscellaneous Goods & Services for 5%, and Furnishings, Household Equipment & Routine Household Maintenance for 4%. Others include: Education (1%), Health (1%), Recreation & Culture (1%), and Alcoholic Beverages, Tobacco & Narcotics (0.13%).
Actual Previous Highest Lowest Dates Unit Frequency
2.39 2.36 14.50 -1.57 2005 - 2022 percent Monthly
2012=100

News Stream
Oman Inflation Rate Accelerates for 1st Time in 4 Months
The annual inflation rate in Oman accelerated for the first time in four months to 2.39% in October of 2022, from September's 13-month low of 2.36%. Main upward pressure came from cost of housing & utilities (1.08% vs 0.30% in September), food & non-alcoholic beverages (4.64% vs 5.03%), transport (2.16% vs 3.07%), restaurants & hotels (4.35% vs 1.65%), clothing & footwear (1.55% vs 1.16%), miscellaneous goods & services (1.58% vs 1.56%), furnishings & household equipment (2.00% vs 1.72%); recreation & culture (1.13% vs 1.64%). On a monthly basis, consumer prices rose by 0.78%, rebounding from a 0.11% fall in the previous month.
2022-11-21
Oman September Inflation Rate at Over 1-Year Low
The annual inflation rate in Oman eased for the third straight month to 2.36% in September of 2022, from 2.41% in the previous month. It was the lowest reading since August of 2021, amid a slight slowdown in prices of restaurants & hotels (1.65% vs 2.07% in August); transport (3.07% vs 3.11%) and housing & utilities (0.30% vs 0.63%). On the other hand, costs rose faster for food & non-alcoholic beverages (5.03% vs 4.92%); clothing & footwear (1.16% vs 0.90%); furnishings & household equipment (1.72% vs 1.15%); recreation & culture (1.64% vs 1.41%) and miscellaneous goods & services (1.56% vs 1.45%). On a monthly basis, consumer prices were down by 0.11%, after decreasing by 0.13% in the previous month.
2022-10-20
Oman Inflation Rate Edges Higher to 2.9%
Annual inflation rate in Oman increased to 2.9% in June of 2022 from a nine-month low of 2.4% in May. Main upward pressure came from cost of food & non-alcoholic beverages (6.09% vs 4.97% in May); housing & utilities (0.66%, the same as in May); transport (4.19% vs 3.54%); clothing & footwear (0.77% vs 0.42%); and miscellaneous goods & services (1.73% vs 1.51%). Compared to the previous month, consumer prices increased 0.5%.
2022-07-20