Oman inflation climbs to 2%

06 April 2010

Oman's national economy ministry has said the Sultanate's annual inflation rose slightly in February to reach 2%, well down from last year as monthly prices for food, rent and transport stayed unchanged, Reuters has reported. Consumer price inflation in the country started picking up again in December, when it rebounded to 0.9% from a low of 0.8% the previous month. It reached 1.7% in January but has remained well below the June 2008 high of 13.7%.

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