Oman inflation hits record

Oman: Tuesday, February 12 - 2008 at 07:31

Omani inflation jumped to a record 8.3% in December, up from 7.6% in November, due to rising food and rent prices, reported Bloomberg. Food costs surged an annual 14.4%, up from 12.6% in November, while rents jumped 11.7%, compared with 11% a month earlier.

Jeff  Florian Jeff Florian, Senior Reporter
Tuesday, February 12 - 2008 at 07:31 UAE local time (GMT+4)

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