The general import price index (IPI) in the Sultanate of Oman increased by 1.3% during the first quarter of 2025 compared to the same quarter in 2024, according to data issued by the National Centre for Statistics and Information (NCSI).

The NCSI's statistics revealed a 16.8% increase in the prices of the group comprising vegetable and animal oils, fats, and waxes, followed by a 5.6% rise in the group of food and live animals, while the prices of both the beverages and tobacco group and the machinery and transport equipment group, increased by 2.7%.

Conversely, the group of mineral fuels, lubricants, and related materials recorded a 7.1% decline, followed by a 5% decrease in the miscellaneous manufactured articles group.

 The chemicals and related products group fell by 1.2%, while the manufactured goods classified chiefly by material declined by 1.1%, whereas the crude materials group (excluding fuels) saw a slight drop of 0.9%.

Compared to Q4 2024, the statistics show that the general import price index (IPI) rose by 9% in Q1 2025, as the prices in the machinery and transport equipment group increased by 30.4%, followed by mineral fuels and lubricants by 29.1%. Crude materials (excluding fuels) rose by 12.2%, while prices of chemicals and related products increased by 2.5%.

Meanwhile, prices in the miscellaneous manufactured articles group declined by 17.2%, followed by a 3.9% drop in manufactured goods classified chiefly by material, a 3.2% decrease in vegetable and animal oils, fats, and waxes, a 1.1% drop in food and live animals, and a slight decline of 0.3% in beverages and tobacco.