Oman Inflation Rate

Last Release

Dec 31, 2024

Actual

0.7

Units In

0.5

Frequency

Monthly

Next Release

Feb 19, 2025

Time to Release

26 Days 16 Hours

Highest	Lowest	Average	Date Range	Source
14.5 Jun 2008	-1.57 Jan 2021	2.59 %	2005-2024	National Center for Statistics & Information - Oman

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.

Latest Updates

The annual inflation rate in Oman increased to 0.7% in December 2024, up from 0.5% in the previous month. Main upward pressure came from prices of food and non-alcoholic beverages (1.7% vs 1.9% in November), health (3.2% vs 3.2%), clothing and footwear (0.5% vs 0.5%), restaurant and hotels (0.8% vs 0.7%), and recreation and culture (0.6% vs 0.7%). At the same time, transport cost fell much softer (-0.8% vs -2.8%). Simultaneously, prices remained unchanged for tobacco, housing and utilities, and communications. Compared to the prior month, the CPI was flat after falling by 0.1% in November.