Oman's inflation rate remains steady at 1% in February

25/03/2025 06:05 AST

Oman's annual inflation rate remained steady at 1% in February 2025, unchanged from the previous month. The sultanate's inflation rate is currently holding at its highest level since August 2024.

The Consumer Price Index data released by NCSI indicated an increase in the prices of the personal goods and miscellaneous services group by 6.3%, the transport group by 3.4%, and the health group by 3.2% in February.

Additionally, prices in the restaurants and hotels group rose by 0.8%, the clothing and footwear group by 0.5%, and the recreation and culture group by 0.4%. Furthermore, the furniture, household equipment, and maintenance group increased by 0.3%, while the food and non-alcoholic beverages and education groups both saw a 0.1% rise.

Meanwhile, prices in the housing, water, electricity, gas, and other fuels group, the communication group, and the tobacco group remained stable.

Within the food and non-alcoholic beverages group for February 2025, the prices of the milk, cheese, and eggs category increased by 3.3%, as did the food products category, while the sugar, jam, honey, and confectionery category rose by 3%. The prices of the fruits category increased by 2.1%, oils and fats by 1.3%, and bread and cereals by 0.7%. On the other hand, the prices of the fish and seafood category fell by 5.9%, vegetables by 2.2%, meat by 0.3%, and non-alcoholic beverages by 0.2%.

Geographically, the Consumer Price Index increased in Musandam Governorate by 1.8% at the end of February 2025 compared to the same period in the previous year. It also rose by 1.8% in Al Dakhiliyah Governorate, 1.5% in South Al Sharqiyah Governorate, and 1.5% in Al Wusta Governorate.

Similarly, Al Dhahirah Governorate recorded a 1.2% increase, followed by Dhofar Governorate at 1.1%, Al Buraimi Governorate at 1%, Muscat Governorate at 0.9%, North Al Batinah Governorate at 0.6%, and North Al Sharqiyah Governorate at 0.5%. Meanwhile, South Al Batinah Governorate experienced a slight rise of 0.1%.

Muscat Daily