Oman Inflation Rate Eased in December

Oman's annual inflation rate edged down to 1.4% in January 2026 from 1.6% in December. It marked the lowest reading since September 2025, as prices moderated for food and non-alcoholic beverages (0.9% vs 1.1% in December) and clothing and footwear (0.1% vs 0.2%). Moreover, prices slipped for transport (-0.3% vs 2.8%) and remained unchanged for housing and utilities (0%), communication (0%), and education (2.2%). On the other hand, costs increased at a faster pace for furnishings, household equipment and routine household maintenance (2.6% vs 2.4%), miscellaneous goods and services (13.2% vs 10%), restaurants and hotels (5.9% vs 2.6%), and health (1.7% vs 0.1%), while it rebounded for recreation and culture (1.1% vs -0.1%). On a monthly basis, consumer prices rose 0.3%, recovering from a 0.1% fall in December 2025.

Oman's annual inflation rate eased to 1.6% in December 2025, down from 1.7% in November. The decline was mainly driven by slower price increases in transports (2.8% versus 4.4%) and restaurants and hotels (2.6% versus 2.7%). In contrast, prices continued to rise in foods and non-alcoholic beverages (1.1% versus 0.9%) and miscellaneous goods and services (10.1% versus 9%). Inflation remained unchanged for housing utilities (0%), furnishings (2.4%), clothing and footwear (0.2%), communication (0%), education (2.2%), health (0.1%), recreation and culture (-0.1%) and tobacco (0%). On a monthly basis, prices declined by 0.1%.

Oman’s annual inflation rate rose to 1.7% in November 2025, picking up from 1.5% in October, marking the highest level since February 2023. The main upward pressures came from higher inflation in food and non-alcoholic beverages (0.9% vs 0.4% in October) and transport (4.4% vs 3.9%). Price growth also increased for miscellaneous goods and services (9% vs 8.8%) and clothing and footwear (0.2% vs 0.1%). Conversely, inflation eased for furnishings, household equipment, and routine household maintenance (2.4% vs 2.5%), while it remained unchanged for restaurants and hotels (2.7%), education (2.2%), and health (0.1%). Prices were stable for housing and utilities, communication, and tobacco. On a monthly basis, consumer prices showed no growth, following a 0.7% gain in the previous month.