Oman's inflation rate rose to 1.6 percent in September| MENAFN.COM

Monday, 06 February 2023 03:29 GMT

Oman's inflation rate rose to 1.6 percent in September


(MENAFN) Up from the 0.9 percent in the previous month, Oman's year-on-year inflation rate rose to 1.6 percent in September, Oman's Central Bank said on Sunday.

According to the latest report of the Central Bank of Oman, the increase in inflation rate mainly resulted from the phenomenal rise of 24 percent in tobacco and transportation cost.

The Customs department has raised the duty on tobacco products to 100 percent in March this year.

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