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FINANCIAL NEWS
Oman’s inflation rate down 0.12 percent in Q2
15 Sep 2015
(MENAFN) Data showed that Oman’s inflation dropped by 0.12 percent in the April-June period of 2015, mainly due to a decline in prices of the food and non-alcoholic beverages of 0.92 percent.
The decline was also dragged down by a 1.53 percent decrease registered in the clothing and footwear sector, data released by the National Centre for Statistics and Information (NCSI) showed.
Among the sets that logged an increase in prices in the second quarter, education topped the list at 4.49 percent, closely followed by alcoholic beverages, tobacco and narcotics at 4.13 percent.
Meanwhile, restaurants and hotels saw a rise of 0.35 percent, with a similar rate in the housing, electricity, gas and water set 0.33 percent. Furnishings and household equipment set rose 0.11 percent.
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BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
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