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.

The annual inflation rate in Oman rose to 3.8% in May 2026 from 3.2% in the previous month. This marked the highest reading since February 2022, as faster price increases were recorded in food and non-alcoholic beverages (6.7% vs 6.3% in April), transport (9.2% vs 6.0%), miscellaneous goods and services (9.6% vs 9.1%), furnishings, household equipment and routine household maintenance (3.1% vs 3.0%), restaurants and hotels (4.6% vs 4.5%), and recreation and culture (0.4% vs 0.2%). At the same time, costs remained steady for education (2.2%) and health (1.8%), while prices for alcoholic beverages and tobacco, clothing and footwear, and communication remained unchanged. Meanwhile, housing and utility costs declined (-0.3% vs 0.1%). On a monthly basis, consumer prices increased by 0.5% from 0.1% in April.

The annual inflation rate in Oman rose to 3.6% in March 2026 from 2.0% in the previous month. This marked the highest reading since February 2022, as faster price increases were observed in food and non-alcoholic beverages (4.3% vs 2.8% in February), transport (9.4% vs 0.2%), miscellaneous goods and services (13.8% vs 13.4%), and restaurants and hotels (5.8% vs 5.7%). At the same time, costs were steady for furnishings, household equipment and routine household maintenance (3%), clothing and footwear (0.1%), recreation and culture (0.2%), and education (2.2%). Prices for housing and utilities, communication, and tobacco remained flat. On a monthly basis, consumer prices increased by 1.3%, the highest in nearly five years, following a 0.2% rise in February.