Cost of food in Oman decreased 1.20 percent in October of 2018 over the same month in the previous year. Food Inflation in Oman averaged -0.07 percent from 2014 until 2018, reaching an all time high of 3.83 percent in January of 2014 and a record low of -3 percent in December of 2016.
Food Inflation in Oman is expected to be -0.33 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Oman to stand at 1.10 in 12 months time. In the long-term, the Oman Food Inflation is projected to trend around 1.40 percent in 2020, according to our econometric models.