The producer's price index in the Sultanate of Oman recorded a decrease of 1.7% in the first quarter of 2024, compared to the same period in 2023, according to data issued by the National Center for Statistics and Information.

The prices of the mining and quarrying group decreased by 1.4%, as the prices of crude oil and natural gas products decreased by 1.5%, stone and sand clay by 1.4%, while the prices of metal ore products increased by 16.4% .

The prices of the manufacturing industries group dropped by 2.6%, and most of the prices of the subgroups decreased by varying percentages, where the most notable of them are the prices of the transportable goods group, which declined by 4.6%, the metal products, machinery and equipment group by 0.2%, as for food products, beverages and textiles, they increased by 0.1%.

Meanwhile, the prices of electrical energy group, and water group increased by 0.5% and 5.6%, respectively.