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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.
More News
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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