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FINANCIAL NEWS
Oman’s inflation rate increases 0.73 percent
04 May 2014
(MENAFN) Inflation rate in Oman witnessed an increase by 0.73 percent in March 2014 compared to the same period a year earlier, however the March rate recorded a 9.06 percent decline on a monthly basis, Times of Oman reported.
A report by the National Centre for Statistics and Information (NCSI) details the main reasons underlying the increase in the inflation rate in March 2014 compared to the year-ago period.
Housing, water, electricity, gas and other fuels grew by 1.38 percent, clothing and footwear increased by 0.34 percent, while food and non-alcoholic drinks increased by 2.42 percent.
Meanwhile, education costs recorded the highest increase of 6.24 percent, while hotel and restaurant costs increased by 1.25 percent, furnishings, household equipment and routine household maintenance each grew 1.44 percent.
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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