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Inflation rate in Oman rises by 0.4% in April 2024

North Al Sharqiyah Governorate recorded the highest inflation rate by the end of April 2024.
 
North Al Sharqiyah Governorate recorded the highest inflation rate by the end of April 2024.
MUSCAT: The inflation rate in the Sultanate of Oman increased by 0.4% in April 2024 compared to the same month in 2023, according to data from the consumer price index released by the National Centre for Statistics and Information (NCSI).

The data indicated a rise in the prices of various personal goods and services by 4.2%, food and non-alcoholic beverages by 2.8%, tobacco by 2.4%, culture and entertainment by 0.4%, restaurants and hotels by 0.3%, and clothing and footwear by 0.2%.

Conversely, the prices of transportation decreased by 3%, education by 0.4%, furniture, household equipment, and routine household maintenance by 0.2%, and communications by 0.2%, while prices for other groups remained stable.

Within the food and non-alcoholic beverages group, the prices of vegetables increased by 12.1%, fruits by 4.2%, milk, cheese, and eggs by 3.7%, oils and fats by 2.7%, meat by 1.9%, sugar, jam, honey, and sweets by 1.4%, and bread and cereals by 1%, while fish prices decreased by 2.4%.

North Al Sharqiyah Governorate recorded the highest inflation rate by the end of April 2024 compared to the same period of the previous year, with the index rising by 1.4%, followed by Al Wusta Governorate at 1.3%, and Dhofar Governorate at 1.1%.

The rate increased by 1% in Musandam Governorate, 0.9% in South Al Sharqiyah Governorate, 0.7% in Al Buraimi and North Al Batinah Governorates, 0.6% in Al Dhahirah Governorate, and 0.2% in Al Dakhiliyah Governorate, while the rate remained stable in Muscat Governorate. — ONA