JEDDAH: Oman’s inflation rate rose 3.2 percent year on year in July, while average inflation stood at 2.9 percent in the first seven months of the year, according to official data. Data from the National Centre for Statistics and Information showed that food and non-alcoholic beverages recorded the highest annual increase among the main consumer price categories, rising 7.3 percent. Oman’s inflation rate was higher than the latest readings from several Gulf peers.

JEDDAH: Morocco’s consumer price index fell 0.6 percent year on year in July, as a decline in food prices more than offset higher non-food costs, official data showed. According…

The figures point to food and transport costs as the main drivers of Oman’s inflation in July