Inflation Oman 2002

Average inflation: -0.3%

Inflation in 2002

There is deflation with consumer prices declining by 0.3%.

Peak and Trough

The highest inflation was in May at 0.1%. The lowest inflation was in June at -0.9%.

Highest month
May: 0.1%
Lowest month
June: -0.9%
Difference
1.0 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food with an average of 0.2%. The lowest price increase was in Energy with an average of -0.8%.

Highest increase
Food: 0.2%
Lowest increase
Energy: -0.8%

Historical Context

Inflation is around the 5-year average of -0.3%.

5-year average
-0.3%
10-year average
-0.3%
All-time high (2002)
-0.3%
All-time low (2002)
-0.3%

Trend

ECB Target

Inflation is 2.3 percentage points below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

Due to deflation, purchasing power increases. Money becomes more valuable instead of less.

What you could buy for OMR 100 this year will cost approximately OMR 99.700 next year at this inflation rate.

Multi-year trend

Monthly figures 2002

Inflation by category

Food
0.2%
+0.5 vs avg.
Energy
-0.8%
-0.5 vs avg.

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation
January -0.7%
February -0.2%
March -0.1%
April -0.3%
May 0.1%
June -0.9%
July -0.4%
August 0.1%
September -0.3%
October -0.5%
November 0.0%
December -0.1%
Average -0.3%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also