Cost of food in Oman increased 3.35 percent in May of 2020 over the same month in the previous year.
Food Inflation in Oman averaged 0.26 percent from 2014 until 2020, reaching an all time high of 3.83 percent in January of 2014 and a record low of -3 percent in December of 2016. This page provides the latest reported value for - Oman Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Oman Food Inflation - values, historical data and charts - was last updated on August of 2020.
Food Inflation in Oman is expected to be 3.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Oman to stand at 3.40 in 12 months time. In the long-term, the Oman Food Inflation is projected to trend around 2.00 percent in 2021, according to our econometric models.