Islamic Finance

Oman’s inflation rate picks up as prices rise on VAT


Published 24 May,2021 via Muscat Daily - Oman’s inflation rate, which remained in negative territory for more than a year, has now returned to positive territory, reflecting the slight increase in prices of certain items after the implementation of value-added tax (VAT) from April 16.

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tags:

Macroeconomy
VAT
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Muscat Daily