FINANCIAL NEWS

Oman registers 0.08 percent growth in inflation over Jan-Nov

14 Dec 2015

(MENAFN) Oman registered a slight 0.08 percent y-o-y growth in average inflation throughout the first eleven months of this year, according to the latest reports.

The food and non-alcoholic beverages saw a price fall of 1.48 percent in Nov compared to 2014, while bread and cereals prices declined 1.34 percent.

However, both fruits and vegetables witnessed a margin increase in price compared to last year, reporting 0.42 percent and 2.53 percent respectively.

Furthermore, both transport and communication sectors recorded a price slump in the cited month of nearly 1.22 percent and 3.13 percent respectively.

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