Muscat, The inflation rate in the Sultanate, measured by movement in the average Consumer Price Index (CPI), fell by 0.15% in December 2019 compared to the same month of 2018, according to the latest data released by the National Centre for Statistics and information (NCSI) on consumer prices' index.
According to the report, the inflation rate in December fell by 0.21% compared to November 2019.
However, the prices of housing, water, electricity, gas, and other fuels fell by 0.33%; transport by 1.83%; communication by 0.26%; and miscellaneous goods and services by 4.78% in December 2019 compared to the same month of the previous year.
The food and non-alcoholic beverages group witnessed a price rise by 1.13%; furnishings, household equipment, and routine household maintenance by 4.98%, health by 0.97%, recreation and culture by 0.01%, education by 2.18% and restaurants and hotels by 0.72%.
Among foods and non-alcoholic beverages group, a marked rise was witnessed in price of fish and seafood by 2.01% and vegetables by 0.02%. However, the price of milk, cheese and eggs, fruit, and oils and fats fell by 0.21%, 0.73%, and 0.25%, respectively.
However, non-alcoholic beverages registered a price rise of 13.55%, while those of clothing and footwear fell by 2.22% in December 2019 against the same period of 2018.
Source: Oman News Agency