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Oman inflation rises 3.8% in May on transport, personal goods costs
RIYADH: Oman’s consumer prices rose 3.8 percent year on year in May, with transport and miscellaneous personal goods and services recording the sharpest increases, official data showed. According to the National Center for Statistics and Information, the average inflation rate for the January-May period stood at 2.8 percent, the Oman News Agency reported. Oman’s inflation rate exceeded the latest reported readings across much of the Gulf Cooperation Council. Saudi Arabia’s CPI rose 1.8 percent year on year in May, while Kuwait’s inflation stood at 2.49 percent in the same month.
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timesofoman.com
Consumer Price Index in Oman rises by 3.8%
Prices of the housing, water, electricity, gas, and other fuels group decreased slightly by 0.3%
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arabnews.com
Kuwait annual inflation eases to 2.49% in May
RIYADH: Kuwait’s annual inflation rate eased to 2.49 percent in May, driven by higher prices for food, healthcare, clothing, education, and miscellaneous goods, new figures…
