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.

Vegetable prices jump by over 23% as Oman inflation hits 2.8%

A report issued by the GCC Statistical Centre (GCC-Stat) on inflation rates for 2025 showed that price levels remained stable across the GCC countries.