News
Inflation Falls By 1.46 Percent In Oman

Muscat: The rate of Consumer Price Index-based inflation fell in the Sultanate by 1.46 per cent in November 2020.
The Sultanate’s Consumer Price Index (CPI)-based inflation fell by 1.46 per cent in November 2020 compared to the same month of 2019, according to the latest data released by the National Centre for Statistics and Information (NCSI) on the consumer price index.
According to the report, the inflation rate in November 2020 fell by 0.09 per cent compared to October 2020.
The price of food and non-alcoholic beverages fell by 0.78 per cent; housing, water, electricity, gas, and other fuels by 0.42 per cent; clothing and footwear by 0.13 per cent; furnishings, household equipment & routine household maintenance by 0.25 per cent; transport by 5.88 per cent; communication by 0.04 per cent and restaurants and hotels 0.25 per cent.
However, non-alcoholic beverages witnessed a price rise of 5.25 per cent; health by 0.02 per cent; recreation and culture by 0.52 per cent and education by 0.08 per cent.
Meanwhile, among the food and non-alcoholic beverages category, a marked rise was witnessed in the price of oils and fats; and meat by 0.10 per cent and 1.11 per cent, respectively.
However, the price of fish and seafood fell by 14.80 per cent, bread and cereals by 0.80 per cent; and milk, cheese, and eggs by 0.13 per cent. The price of fruit and vegetables also fell by 0.55 per cent and 0.42 per cent, respectively, in November 2020 against the same period of 2019.
Miscellaneous goods and services witnessed a price rise of 1.26 per cent in November 2020 compared to the same period of the previous year.
-
Banking & Finance2 months ago
National Finance Reinforces Position as Partner for Growth, Offers a Comprehensive Product Suite to Support Customer Ambitions
-
OER Magazines1 month ago
OER, July 25
-
Alamaliktistaad Magazines1 month ago
Al-Iktisaad, July 25
-
Education2 months ago
Russia offers diverse tourism and education opportunities: Sofia Malyavina
-
Digital2 months ago
Russia’s Digital Frontier: An Inside Look with Alexey Goreslavsky of IRI
-
News4 weeks ago
OpenAI Strengthens ChatGPT’s Mental Health Safeguards Ahead of GPT-5 Launch
-
Business2 months ago
Need to rebuild trust and collaboration says Alexander Stuglev, Chairman & CEO of the Roscongress Foundation
-
Energy2 months ago
Oman Investment Authority launches the Sultanate’s First Energy Transition Fund