Oman’s consumer price index (CPI) fell by 0.2% month‑on‑month in August 2026, marking a pullback in prices after a 0.7% increase in the previous month. The latest data, updated on 20 September 2026, indicate a short‑term easing of price pressures in the Sultanate.
The shift from a 0.7% rise to a 0.2% decline on a month‑over‑month basis suggests a cooling in recent inflation dynamics, as August prices moved lower compared with July. Under the comparison methodology used, the current reading measures the change in prices in August relative to July, while the previous indicator reflected July’s price movement versus June.
The negative CPI print may signal a temporary correction in specific categories or a broader softening in demand, but with only two consecutive monthly readings, it remains too early to infer a sustained disinflation trend. Market participants and policymakers are likely to monitor upcoming releases for clearer indications of the direction of consumer prices in Oman.
