Oman inflation remained steady at 1.1% Y-o-Y in May, but slowed to 0.0% M-o-M from 0.8% M-o-M in April. Housing and utility prices rose 1.0% Y-o-Y, while food and beverages’ fell to 0.7% Y-o-Y. Transportation costs accelerated 4.8% Y-o-Y on the back of gasoline and diesel price hikes. (Reuters)
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