FX.co ★ Oman’s Inflation Rebounds in July as CPI Swings from Deflation to Growth

Oman’s consumer price dynamics shifted sharply in July 2026, with the Consumer Price Index (CPI) moving into positive territory on a month-over-month basis. The latest data, updated on 20 August 2026, show CPI rising 0.7% in July compared with the previous month, following a 0.6% month-on-month decline recorded earlier in the same period.

The turnaround from a -0.6% change to a 0.7% increase signals a clear rebound in short-term price pressures. On a month-over-month comparison, the “actual” figure reflects July’s change versus June, while the “previous” reading had captured the change in the prior month relative to its predecessor. The move from negative to positive territory suggests that deflationary tendencies seen earlier have eased, with prices in Oman now edging higher on a monthly basis.