FX.co ★ Oman’s Inflation Turns Negative in August as CPI Slips 0.3% Month-on-Month

Oman’s consumer price dynamics reversed course in August 2026, with the Consumer Price Index (CPI) declining by 0.3% month-on-month, according to data updated on 10 September 2026. This marks a notable shift from July 2026, when prices rose 0.7% compared to the previous month.

On a month-over-month basis, the latest reading indicates that price pressures eased significantly, with August’s negative print contrasting sharply with July’s positive momentum. In the framework of the reported comparison, the “actual” figure for August (-0.3%) reflects the change from July, while the “previous” figure (0.7%) captures the change in July relative to June.

The move into negative territory suggests a short-term cooling in consumer prices after a period of modest inflation, and will likely be watched closely by policymakers and market participants assessing the trajectory of inflation in Oman over the coming months.