VOL. XXXVI

NO. 8

23-NOVEMBER-1992

Financial and Banking News

ECONOMIC INDICATORS

Omani Inflation Fell to 7.2% in 1991

Oman's annual rate of inflation fell to 7.2% in 1991 from 10.1% the previousyear, according to a report by the Omani News Agency. The main reason for thedecline was a fall in housing and utility inflation, which stood at 15.4% in1991, compared to 30% in 1990.