Business

Import prices rise 1.3% in Q1 2025

Compared to Q4 2024, the overall index rose sharply by 9%.
 
Compared to Q4 2024, the overall index rose sharply by 9%.
MUSCAT: Oman’s general import price index rose by 1.3% in Q1 2025 compared to the same period in 2024, according to the National Centre for Statistics and Information.

The largest year-on-year increases were in oils, fats, and waxes (16.8%), followed by food and live animals (5.6%), and beverages, tobacco, machinery, and transport equipment (each up 2.7%).

Conversely, prices fell for mineral fuels and lubricants (-7.1%), miscellaneous manufactures (-5%), chemicals (-1.2%), and manufactured goods classified by material (-1.1%). Non-edible raw materials excluding fuels dipped slightly by 0.9%.

Compared to Q4 2024, the overall index rose sharply by 9%. Machinery and transport equipment saw the highest increase (30.4%), followed by mineral fuels (29.1%). In contrast, prices for miscellaneous products dropped 17.2%, manufactured goods fell 3.9%, oils and fats declined 3.2%, and food items decreased by 1.1%. Beverages and tobacco saw a minor fall of 0.3%. — ONA