Charts & Numbers

Omani inflation has shown that the annual inflation rate has increased, in February, to 11.11% from 10.12% in January. The jump was mainly driven by 19.6% jump in ‘food and beverage’ costs. A rise in rent was reported at 14.1%. The Gulf countries have all the warning signs readily available to them to act NOW in an attempt to save their economies from an apparently impeding crisis.