Oman Inflation Hits 3.4% as Food and Transport Costs Surge

Oman's annual inflation rate climbed to 3.4 per cent in August 2026, according to the latest figures from the National Center for Statistics and Information (NCSI). This jump from the 3.2 per cent recorded in July marks the highest inflation level seen in the Sultanate since May. While monthly retail prices saw a minor dip of 0.3 per cent, the year-on-year increase remains a significant concern for residents.

Spiking Food and Fuel Expenses

The primary drivers behind this upward trend are the food and transport sectors, which are placing significant pressure on household budgets. The food group saw a notable 7.0