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FINANCIAL NEWS
Oman’s inflation at 1.15 percent in Jan
18 Mar 2014
(MENAFN) The Omani National Centre for Statistics and Information (NCSI) said the annual inflation rate in the country came at 1.15 percent year-on-year in January, Times of Oman reported.
A report by the NCSI shows that the inflation in the Sultanate edged up 0.16 percent on month-on-month basis.
Food prices increase in January accounted for a large proportion of the inflation as they rose 3.38 percent from January last year.
Education and health costs increase increased 6.24 percent and 3.51 percent, respectively.
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