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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

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4 years ago

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