The Sultanate's producer price index (PPI)-based inflation rose by 16.3% in 1Q18, over the same period of last year, mainly driven by a phenomenal growth in prices of oil and gas products, according to the latest statistics released by the National Centre for Statistics and Information (NCSI). Prices of oil and gas products increased by 19.9%, while the prices of non-oil products marginally grew by 2.2% in the first quarter of 2018, over the same period of the previous year.
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