Economy
Inflation: How Much More Are You Paying For Goods And Services In Oman In 2021?
Here are the inflation rates on consumer prices in the Sultanate for the month of July 2021 when compared to the same period from 2020. Report by the National Center for Statistics and Information (NCSI).
What is Inflation?
Inflation, in economics, is the general rise in the price level of an economy over a period of time. When the general price level rises, each unit of currency buys fewer goods and services.
Transport
7.8%
Tobacco
3.0%
Recreation and Culture
2.0%
Furnishing, household equipment, and routine household maintenance
1.3%
Food and non-alcoholic beverages
1.2%
Clothing and footwear
1.1%
Source: NCSI
-
Magazines2 months ago
OER, October 24
-
Oman1 month ago
Shell Oman Partners with Oneroad Automotive Gives Away 2 Forthing Cars as Part of its ‘Win Big’ Campaign
-
Alamaliktistaad Magazines1 month ago
Al-iktisaad, November 24
-
Energy3 weeks ago
OUTLOOK: Emerging Markets and Renewables – The Twin Engines of Energy Growth for 2025
-
News4 weeks ago
Mitsubishi X-force Joins Sayarti’s Fleet: A New Era of Elegance and Performance
-
Energy3 weeks ago
Oman and Belgium Strengthen Green Hydrogen Partnership with New Landmark Agreement
-
Auto2 months ago
Moosa Abdul Rahman Hassan & Co. Celebrates Launch of 2025 Suzuki Swift and Opening of New Suzuki Showroom in Azaiba
-
Oman3 weeks ago
Oman Braces for Launch of First Experimental Rocket Duqm-1 on 4 December 2024