Oman’s year on year consumer inflation in March touched 2.82%, on the back of a 10.83% rise in prices of the transport set along with a 2.19% price hike in the housing, water, electricity, gas and other fuels set.
According to the latest consumer price index report from the (NCSI), food and non-alcoholic beverages set prices rose 0.36%, while tobacco prices surged 24.38%. Clothing and footwear went up 0.01%, and furnishings, household equipment & routine household maintenance prices increased 1.53% in March, compared with last year prices.
Health and communications
Health and communications sets logged a price fall of 0.13% and 3.02% respectively. However, recreation and culture as well as education saw prices rise by 0.49% and 2.85%, while restaurants and hotels set recorded a price increase of 0.38%. Prices of miscellaneous goods and services went up 1.59%. In the food and beverages set, bread and cereals prices fell 1.29%, while meat prices rose 0.45%. Fish and seafood too logged a price rise of 4.77%, while prices of milk, cheese and eggs declined 2.01%.
Prices fell across oils and fats, and fruits subsets at 0.18% and 1.17% respectively, in contrast with a 3.12% rise in the vegetables subset. Sugar, Jam, Honey & Confectionary prices went up 0.33%, whereas other food products prices decreased 0.44%. Non-alcoholic beverages registered a 0.51% price rise in March, compared with prices for the same month last year.