Oman’s annual inflation rate rose to 3.4% in August 2026, up from 3.2% in July and reaching its highest level since May. The acceleration was driven primarily by a sharp increase in transport prices, which climbed 8.5% year-on-year, compared with 6.5% in July, as fuel costs rose amid higher crude prices and escalating US-Iran tensions. Additional upward pressure came from miscellaneous goods and services, where inflation accelerated to 6.1% from 5.3%. Meanwhile, food inflation eased slightly to 7.0% from 7.3% but remained elevated. Price growth was unchanged for restaurants and hotels at 3.6%, as well as for furnishings, household equipment and routine household maintenance at 3.1%. By contrast, housing and utilities prices fell for a second consecutive month, declining 0.6%. On a monthly basis, consumer prices decreased 0.3% in August, following a 0.7% increase in July. source: National Center for Statistics & Information - Oman

Inflation Rate in Oman increased to 3.40 percent in August from 3.20 percent in July of 2026. Inflation Rate in Oman averaged 2.52 percent from 2005 until 2026, reaching an all time high of 14.50 percent in June of 2008 and a record low of -1.57 percent in January of 2021. This page provides - Oman Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Oman Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.

Inflation Rate in Oman increased to 3.40 percent in August from 3.20 percent in July of 2026. Inflation Rate in Oman is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Oman Inflation Rate is projected to trend around 2.70 percent in 2027 and 2.50 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-13 08:15 AM
Inflation Rate YoY
Jul 3.2% 2.8% 2.7%
2026-09-10 09:30 AM
Inflation Rate YoY
Aug 3.4% 3.2% 3.5%
2026-10-19 10:00 AM
Inflation Rate YoY
Sep 3.4% 3.5%


Related Last Previous Unit Reference
CPI Transportation 112.00 113.10 points Aug 2026
Food Inflation 7.00 7.30 percent Aug 2026
Inflation Rate YoY 3.40 3.20 percent Aug 2026
Inflation Rate MoM -0.30 0.70 percent Aug 2026


Oman Inflation Rate
In Oman, the main components in Consumer Price Index are: Housing & Utilities (27% of the total weight); Food & Non-alcoholic Beverages (24%); and Transport (19%). Restaurants & Hotels accounts for 6%, Clothing & Footwear for 6%, Communications for 6%, Miscellaneous Goods & Services for 5%, and Furnishings, Household Equipment & Routine Household Maintenance for 4%. Others include: Education (1%), Health (1%), Recreation & Culture (1%), and Alcoholic Beverages, Tobacco & Narcotics (0.13%).
Actual Previous Highest Lowest Dates Unit Frequency
3.40 3.20 14.50 -1.57 2005 - 2026 percent Monthly
2018=100

News Stream
Oman Inflation Accelerates to Three-Month High
Oman’s annual inflation rate rose to 3.4% in August 2026, up from 3.2% in July and reaching its highest level since May. The acceleration was driven primarily by a sharp increase in transport prices, which climbed 8.5% year-on-year, compared with 6.5% in July, as fuel costs rose amid higher crude prices and escalating US-Iran tensions. Additional upward pressure came from miscellaneous goods and services, where inflation accelerated to 6.1% from 5.3%. Meanwhile, food inflation eased slightly to 7.0% from 7.3% but remained elevated. Price growth was unchanged for restaurants and hotels at 3.6%, as well as for furnishings, household equipment and routine household maintenance at 3.1%. By contrast, housing and utilities prices fell for a second consecutive month, declining 0.6%. On a monthly basis, consumer prices decreased 0.3% in August, following a 0.7% increase in July.
2026-09-10
Oman Inflation Accelerates in July
Oman's annual inflation rose to 3.2% in July 2026, up from 2.8% in the prior month. Food inflation rose to 7.3% from 6.1%, while transport inflation increased to 6.5% from 5.5%. Prices also rose faster for recreation and culture (0.4% vs 0.3%). Meanwhile, inflation remained elevated for furnishings (3.1%) and education (2.2%), while housing and utilities costs continued to decline, falling 0.6%. In contrast, inflation eased for restaurants and hotels (3.6% vs 4.6%) and health (1.7% vs 1.8%). On a monthly basis, consumer prices increased 0.7%, rebounding from a 0.6% decline in June.
2026-08-13
Oman Annual Inflation Slows in June
Oman's annual inflation rate eased to 2.8% in June 2026, the lowest level in four months, down from 3.8% in May. The slowdown was primarily driven by a further decline in housing and utility costs (-0.6% vs. -0.3% in May), alongside slower price growth for food and non-alcoholic beverages (6.1% vs 6.7%), transport (5.5% vs 9.2%) and recreation and culture (0.3% vs 0.4%). Meanwhile, inflation stood for furnishings (3.1%), restaurants and hotels (4.6%), education (2.2%) and health (1.8%). On a monthly basis, consumer prices fell 0.6% in June, marking the first decline in six months and reversing a 0.5% increase recorded in the previous month.
2026-07-15