Oman inflation rate for 2023 was 0.94%, a 1.56% decline from 2022.
Oman inflation rate for 2022 was 2.51%, a 0.82% increase from 2021.
Oman inflation rate for 2021 was 1.68%, a 2.09% increase from 2020.
Oman inflation rate for 2020 was -0.41%, a 0.9% decline from 2019.
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
