Inflation Oman 2008
Average inflation: 12.4%
Current Inflation
Inflation is very high at 12.4%, far above the ECB target.
Peak and Trough
The highest inflation was in June at 13.7%. The lowest inflation was in January at 9.7%.
- Highest month
- June: 13.7%
- Lowest month
- January: 9.7%
- Difference
- 4.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 22.6%. The lowest price increase was in Energy with an average of 12.0%.
- Highest increase
- Food: 22.6%
- Lowest increase
- Energy: 12.0%
Historical Context
Current inflation is 7.6% higher than the 5-year average of 4.8%. This approaches the highest level since records began (12.4% in 2008).
- 5-year average
- 4.8%
- 10-year average
- 3.4%
- All-time high (2008)
- 12.4%
- All-time low (2002)
- -0.3%
Trend
Inflation shows an upward trend. Compared to 2007, inflation has risen by +6.6 percentage point.
- Change vs. previous year
- +6.6 percentage points
- Largest monthly swing
- May: +9.3 percentage points
ECB Target
Inflation is 10.4% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €112.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2008
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2007 |
|---|---|---|
| January | 9.7% | +5.2 |
| February | 10.6% | +5.4 |
| March | 11.8% | +7.0 |
| April | 12.3% | +7.5 |
| May | 13.5% | +9.3 |
| June | 13.7% | +8.4 |
| July | 13.4% | +7.8 |
| August | 13.3% | +6.9 |
| September | 12.9% | +5.7 |
| October | 12.6% | +5.7 |
| November | 12.7% | +5.5 |
| December | 11.8% | +4.1 |
| Average | 12.4% |
Data source
Data from WorldBank. Last updated: 06/01/2026.