RIYADH: Oman’s annual inflation rate reached 2.8 percent in June compared with the same month a year earlier, according to consumer price index data issued by the National Center for Statistics and Information.
Average inflation during the first half of 2026, covering the period from January to June, also stood at 2.8 percent, with higher food, transport and personal goods and services prices driving the increase.
The latest inflation data comes as Oman continues to balance price stability with economic growth following a period of fiscal consolidation and stronger hydrocarbon revenues.
Oman’s annual inflation rate of 2.8 percent in June was higher than the most recent official readings available for several Gulf peers.
Saudi Arabia’s consumer price index increased 1.8 percent year on year in May, while Kuwait recorded annual inflation of 2.49 percent during the same month.
