The most recent official information launched by the Nationwide Middle for Statistics & info (NCSI) about Shopper Worth Index (CPI), confirmed that the inflation fee within the Sultanate fell by 1.37% in February 2021 in comparison with the identical month of 2020.
In accordance with the report, the inflation fee within the month of February 2021 fall additionally by 0.13% in comparison with January 2021.
In distinction, the Meals and Non-Alcoholic drinks group fall by 1.18%, Clothes & Footwear group by 0.18%, Furnishings, Family Tools and Routing Family Upkeep group by 0.09%, Eating places and Resorts by 0.07%, Communication group by 0.01%.
However, the costs of Transportation teams elevated by 0.82%, and the group of Miscellaneous items and providers by 0.14%, whereas the costs of the Tobacco group, the Housing, water, electrical energy, gasoline and different fuels group, the Well being group, the Recreation and Tradition group, and the Schooling group had been secure.
The value index in February 2021 in comparison with the identical month of 2020 is because of the lower within the costs of the principle teams such because the Transportation group by 5.0%, the Meals and non-alcoholic drinks group by 1.47%, the Clothes and Footwear group by 1.15%, the Eating places and Resorts group by 0.44%, in addition to the Communications group, at a fee of 0.04%.
In distinction, the costs of the group of Miscellaneous items and providers elevated by 1.32%, the Recreation and tradition group by 0.80%, the Schooling group by 0.08%, the Housing, water, electrical energy, gasoline and different fuels group by 0.05%, in addition to the group of Furnishings, Family Tools and Routing Family Upkeep group by 0.01%. When inflation stabilized throughout February 2021, with out change within the Tobacco and Well being teams.
In accordance with information from the Nationwide Middle for Statistics and Data, in comparison with the identical interval in 2020, the lower within the commodity value index within the Meals and non-alcoholic drinks group got here due to a 13.54% decline in vegetable costs, it additionally decreased the costs of Fish and seafood by 3.10%, Fruits by 2.47%, Milk, Cheese and Eggs by 0.68% and Meat by 0.07%.
However, the costs of Non-alcoholic drinks drinks elevated by 5.54%, and the costs of Oils and Fat elevated by 1.48%, adopted by the value of different Meals Merchandise by 0.39%, Bread and Cereals by 0.37%, and Sugar, Jam, Honey and Confectionery by 0.21%.