Development of inflation rates in Oman
The inflation rate in Germany moved over the past years between -0.8% and 12.1%. For 2016, an inflation rate of 1.1% was calculated.
During the observation period from 2001 to 2016, the average inflation rate was 2.7%
per year. Overall, the price increase was 48.15 %. An item that cost 100 Rial in 2000 was 2016 so charged 148.15 Rial.
In only a few countries negative inflation rates are achieved. This means that the general price level is declining and consumer prices get cheaper. This case is called deflation.In comparison to other countries, the drastic price increases are no longer on average. Usually this is a sign of political and economic turmoil.Back to overview: Oman
Inflation developments of the past 15 years compared to the European Union
Performance based on 100% in 2000. Oman European Union
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