Consumer prices in Oman fell 0.37 percent year-on-year in March of 2021, following a 1.37 percent decline in the previous month. It was the 13th straight monthly decrease in consumer prices although the slowest since March of last year. On a monthly basis, consumer prices were up 0.5 percent, the steepest rise since July of 2019. source: National Center for Statistics & Information - Oman
Inflation Rate in Oman averaged 2.81 percent from 2005 until 2021, reaching an all time high of 14.50 percent in June of 2008 and a record low of -1.57 percent in January of 2021. This page provides - Oman Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Oman Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.
Inflation Rate in Oman is expected to be 0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Oman to stand at 2.10 in 12 months time. In the long-term, the Oman Inflation Rate is projected to trend around 2.50 percent in 2022, according to our econometric models.