Producer Price Index in Oman Rises by 4.1 Percent

Producer
Price Index in Oman Rises by 4.1 Percent

Muscat,
2 Jun (ONA) —- The general Producer Price Index (PPI) in the Sultanate of Oman
recorded a 4.1% increase in the first quarter of 2025 compared to the same
period in 2024, according to data released by the National Centre for
Statistics and Information.

The
mining and quarrying sector saw an 8.9% rise, primarily driven by a 9.2%
increase in crude oil and natural gas prices. In contrast, prices of metal ores
declined by 3.8%, while prices of stones and sand decreased by 0.6%.

Meanwhile,
the manufacturing industries sector witnessed a 3.8% decline, mainly due to an
8.8% drop in prices of other transportable goods. On the other hand, prices of
metal products, machinery, and equipment rose by 3.2%, while prices of food
products, beverages, and textiles increased by 0.7%.

Additionally,
electricity prices rose by 6.8%, and water prices increased by 5.7%.

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Ends/AH