Oman’s inflation lowest in GCC

24 Feb 2015

(MENAFN) The inflation rates across the GCC region ranged between 3.1 percent and 0.8 percent over a 12-month period ending December 2014, a report by the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf showed.

The highest annual inflation growth was registered in the UAE with 3.1 percent, followed by 3.04 percent in Kuwait, 2.7 percent in Qatar, 2.5 percent in Bahrain and 2.4 percent in Saudi Arabia.

Oman posted its lowest growth, compared to the GCC countries, by 0.08 percent.

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