Oman’s Inflation stands at 1.93% in February 2023

Muscat, 13 Feb (ONA) — The inflation rate of the Consumers Price Index (CPI) in the Sultanate of Oman stood at 1.93% during February 2023, according to the latest data issued by the National Centre for Statistics and Information (NCSI).

The data showed an increase in the prices of the main commodity groups in February 2023 compared to the same month of 2022 , such as the food and non-alcoholic beverages group by 5.08 percent, the furniture, fixtures, household equipment and routine home maintenance group by 3.83 percent, the restaurants and hotels group by 3.79 percent, and the culture and entertainment group. by 2.08 percent, the miscellaneous goods and services group by 1.61 percent, the health group by 1.23 percent, the clothing and footwear group by 1.02 percent, the transportation group by 0.77 percent, the education group by 0.05 percent, and the housing, water, electricity, gas and other fuels group by 0.03 percent. When the communication group showed a decrease of 0.15 percent, and the tobacco group showed a decrease of 0.02 percent.

According to the data of the food and non-alcoholic beverages group, the oil and fats price index increased by 19.57 percent, the prices of fish and seafood increased by 12 percent, the prices of milk, cheese and eggs increased by 10.11 percent, the prices of non-alcoholic beverages increased by 5.23 percent, the prices of bread and cereals increased by 5.04 percent, and the index increased. The prices of meat increased by 4.29 percent, the prices of other foodstuffs by 4.25 percent, the prices of sugar, jam, honey and sweets by 3.22 percent, and the prices of fruits by 2.74 percent, while the vegetables group showed a decrease of 4.95 percent.

As for the governorates, the Governorate of Al Buraimi witnessed the highest rate of inflation at 2.93 percent, followed by the Governorate of Al Dhahirah at 2.21 percent, then the Governorate of Muscat at 2.12 percent, then the Governorate of Al Dakhiliyah at 2.04 percent, followed by the Governorate of Dhofar at 2.03 percent. Eastern Province has the lowest inflation rate, at 1.65 and 1.37 percent, respectively.