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Oman GDP Shrinks by 9.5% in Second Quarter

An Omani shopping at the souq in the city of Nizwa, about 160 kilometers southwest of the capital Muscat. (AFP)
An Omani shopping at the souq in the city of Nizwa, about 160 kilometers southwest of the capital Muscat. (AFP)
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Oman GDP Shrinks by 9.5% in Second Quarter

An Omani shopping at the souq in the city of Nizwa, about 160 kilometers southwest of the capital Muscat. (AFP)
An Omani shopping at the souq in the city of Nizwa, about 160 kilometers southwest of the capital Muscat. (AFP)

Oman's gross domestic product (GDP) shrank by 9.5% in the second quarter to around 10.1 billion Omani rials ($26.24 billion) by current prices, the state news agency reported on Saturday.

Omani GDP reached around 11.1 billion Omani rials in the same quarter of last year, the agency added.

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GASTAT: Saudi Inflation Rate 2.3% in April

This rate positions the Kingdom among the G20 nations with the lowest inflation
This rate positions the Kingdom among the G20 nations with the lowest inflation
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GASTAT: Saudi Inflation Rate 2.3% in April

This rate positions the Kingdom among the G20 nations with the lowest inflation
This rate positions the Kingdom among the G20 nations with the lowest inflation

The annual inflation rate in Saudi Arabia reached 2.3% in April 2025, the General Authority for Statistics (GASTAT) said Thursday.

This rate positions the Kingdom among the G20 nations with the lowest inflation.

According to GASTAT, the Consumer Price Index (CPI) measures the price of a fixed basket of 490 goods and services paid by consumers. The basket is selected based on a 2018 household income and expenditure survey, which determined the items and their respective weights.

Prices are collected through on-site visits to sales points. The CPI statistics are published monthly.