Friday 25 July 2014

Oman Feb inflation falls to 0.6pc

Muscat, April 5, 2014

Oman's inflation fell to 0.6 per cent year-on-year in February from 1.2 per cent in January, data from
the National Center for Statistics and Information showed.

Prices of food and non-alcoholic beverages, which account for nearly 24 per cent of the basket, rose 2.1 per cent from a year earlier in February but dropped 1.7 per ent from the previous month.

Housing and energy costs, which account for 26.5 per cent of consumer expenses, rose 1.4 percent year-on-year but were flat
month-on-month. The data is based on the new 2012 consumer price index.-Reuters

Tags: Oman | inflation |

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