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Oman inflation hits 16-year peak
- Oman: Thursday, October 11 - 2007 at 13:47
Annual inflation in Oman climbed to 6.47% in August, the highest in 16 years, due to rising food and housing costs, reported Reuters. The consumer price index rose to 111.9 points at the end of August, compared with 105.1 points a year earlier. Inflation in July was 5.98%.
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Jeff Florian, Senior ReporterThursday, October 11 - 2007 at 13:47 UAE local time (GMT+4)
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