StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Factors affecting inflation rate Oman - Assignment Example

Comments (0) Cite this document
Summary
Oman Components of Consumer Price Index (base year 2000=100) Year Components Food Beverage and Tobacco Education Recreation and Entertainment Medical care Clothing & Footwear Housing Furniture Rent Electricity, water and fuel Transport and Communication Other product and services 2001 99.4 100 99.4 97.7 97.2 99.8 98.9 99.1 2002 99.5 100.2 88.5 96.6 95.2 99 99.3 101.9 2003 100.4 99.4 89.4 96.1 93.2 98.7 98.8 105.7 2004 101.6 99.1 90.2 96.4 93.1 98.4 99.8 109.1 2005 105.7 99 90.3 97 93.5 98.4 101.3 113 2006 111.8 100.3 91 96.8 94.5 100.2 103.1 125.3 2007 123.9 104.4 91.3 98 97.4 106.6 103.5 135 2008 150.6 111.4 93.3 102.2 105.3 118.9 106.4 154.8 Oman Inflation Rate of Consumer Price Index (base…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.8% of users find it useful
Factors affecting inflation rate Oman
Read TextPreview

Extract of sample "Factors affecting inflation rate Oman"

Download file to see previous pages 21.54964 6.704981 2.19058 4.2857 8.11088 11.538462 2.801932367 14.6666667     Formula: Current year - Previous Year/Previous year*100       From the above table it could be understood that the perspective of Oman inflation rate in the consecutive years has taken a leap from 2000 onwards. Starting from 2002 it can be seen that consumer price index has varied with some consistent rates of inflation. Starting from 2002 till 2008, there was constant price growth in certain sectors, which has made Oman’s inflationary conditions more severe than any other Middle East countries. Here we can see that there is a persistent inflation in food beverages and tobacco sector from 2002 to 2008 e.g. 0.10 to 21.54 inflation rate. This may be owing to supply bottlenecks and increase in demand. In case of education, recreation and entertainment deflation has taken place from 2003-2005 i.e. -0.79 to -0.10 but again from 2006 onwards growth in price level has been observed, this certain fluctuation has occurred due to change in educational demand of the country. In the initial years of 2000 Oman faced minimum growth in medical care due to non availability of proper medical facility and high expense. This is reflected in the change in rate of price change from negative to positive. But it has shown growth later on with response to the factors demanding for health and care of the country and this is again reflected in the slowdown of inflation rate after 2003. Then comes the most important consumer goods clothing and footwear sector where again a fluctuation in the CPI growth rate can be traced in the years 2002-2003 and again in 2006 but in later part it has increased. The manufacturing sector overall showed marked improvement and this might have generated more demand which in turn brought in inflation. In case of housing furniture and rent electricity water and fuel a huge deflation has been observed in the years 2002-2004 consecutively. In both the sectors there was a downfall because at that time there was no change in the market condition for these years and in 2005 there was ‘0’ growth rate in price. But after that gradually it started taking up its position by severe improvement in the economy of the country. Sometimes growth in a sector can momentarily bring about inflation. The transport and communication sector is though highly developed in Oman with proper facility of road, airport, ports and railway has more or less consistent inflation in the following years except on 2003 when it came down to -0.50. The Government of Oman have made a total investments for major infrastructure projects estimated to be R.O. 15 billion between ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Factors affecting inflation rate Oman Assignment”, n.d.)
Factors affecting inflation rate Oman Assignment. Retrieved from https://studentshare.org/macro-microeconomics/1480897-factors-affecting-inflation-rate-oman
(Factors Affecting Inflation Rate Oman Assignment)
Factors Affecting Inflation Rate Oman Assignment. https://studentshare.org/macro-microeconomics/1480897-factors-affecting-inflation-rate-oman.
“Factors Affecting Inflation Rate Oman Assignment”, n.d. https://studentshare.org/macro-microeconomics/1480897-factors-affecting-inflation-rate-oman.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Factors affecting inflation rate Oman

S&T Debt Factors

The agreement contains a credit default contracts that include credit default swaps, default index contracts, credit default options, and credit default basket options. One can use these as part of the mechanism that is collateralized by debt obligations. The goal should be to establish a price for a given risk and controlling credit based on risk. The credit can be allowed by minimization of risk. Credit controllers should develop versatile tools that transfer risk away from a lender’s balance sheet.
d) With reference to the proposed debt counseling business, illustrate and explain exactly how you would organize the debt counseling operation, taking particular care to explain how and when you would receive payment for...
6 Pages(1500 words)Case Study

Virulence Factors of Candida Albicans

 The virulence factors are all the factors that are related in the process of morphogenesis, adhesion, penetration, and colonization of Candida in tissues and blood vessels. Since the hyphal form is often associated with infection, the understanding of hypha-specific cell surface components may help in the identification of the proteins responsible for morphogenesis and virulence. Fungal infection can be treated by the prevention of hyphal development in C. Albicans by antifungal drugs. Understanding Candida biology, genetics, and molecular mechanisms may lead to novel effective antifungal therapy for drug-resistant organisms.

With the help of this strategy, it can survive and grow on the skin, mucosal surfaces and...
10 Pages(2500 words)Case Study

Key Success Factors analysis of British Petroleum

Also, the paper will look at this initiative of bp from a critical point of view, thus making recommendations to improve the firm's competitive position.
British Petroleum, a British oil, and energy company got the strength and also a brand change when it ‘merged’ or ‘acquired’ with the American company, Amoco. According to the official version, British Petroleum merged with the Amoco Corporation (Amoco), forming bp Amoco in August 1998. “In 1998, Amoco and bp announced that they had merged, combining their worldwide operations into a single organization. Overnight, the new company, bp Amoco, became the largest producer of both oil and natural gas in the US.”(bp.com). Then as an exercise to...
10 Pages(2500 words)Case Study

Physiological Factors While Dealing With Health Issues

The body’s metabolism includes all the physiological processes in the body. Enzymes serve as catalysts to biochemical reactions that form a part of metabolism. The two distinct chemical phases of metabolism are anabolism and catabolism. Anabolism consists of building up carbohydrates, proteins, fats and nucleic acids from simple molecules, through the use of energy. Anabolism is responsible for processes such as growth, repair, and reproduction. On the other hand, catabolism is the process by which large complex molecules are broken down into smaller, simple molecules, with the release of energy. Metabolic processes are carried out by the cell organelles, each organelle has a distinct and crucial function. Every animal cell...
12 Pages(3000 words)Report

Factors Determining Voting Patterns in Youth Vote

It is estimated that 3.4 million more young people cast their ballots in this election than in the election of 2004, and the surge in youth turnout accounts for at least 60 percent of the total increase in voter participation in 2008. Voters under the age of 30 increased their share of the overall electorate to 18 percent, up to one percentage point from the previous 1996 to 2004 elections, according to the National Exit Polls (NEP) conducted by Edison and Mitofsky. (Pawlenty, 2008, p. 2) The impact of the youth vote proved crucial in claiming the battleground states of Florida, Ohio, and Virginia. Thanks to the youth vote, these electoral college vote-rich states were successfully converted to blue (Democratic) states (Bell, 2008...
11 Pages(2750 words)Assignment

Suicidal Behaviour: Nature, Nurture and Genetic Factors

Various studies have demonstrated the effect of perinatal and early childhood factors on mental health including suicidal behavior. Glover & OConnor (2002) demonstrated the adverse effects of antenatal maternal stress on the psychological development of the offspring. Brown et al (2000) reported that maternal malnutrition during pregnancy results in a higher incidence of affective disorders in adulthood. Thompson et al (2001) demonstrated similar results with low birth weight. In 2004, Mittendorfer- Rutz et al reported that low birth weight and younger maternal age was associated with suicide in the offsprings when they became young adults. In 2006, Riordian et al studied the relationship between perinatal circumstances and su...
8 Pages(2000 words)Term Paper

What Are the Most Important Factors in Explaining the Rise of the Modern State

Though the existence of the state can be felt in different walks of everyday life, yet it is an intangible whose nature is impossible to grasp. As a political institution, state embodies the concept of sovereignty. Devetak (2007) describes it as a political unit or a country that possesses sovereignty. State can thus be described as a single, unified whole confined within territorial borders. The state is built in a core geographical area with allowances to a certain extent on the boundaries. According to Strayer (1970), a state exists in the hearts and minds of the people. The collective personality of the state renders it immortal. The state is a multi-faced concept that is fuzzy around its edges. Consequently, we cannot develop...
6 Pages(1500 words)Essay

Impact of Motivational Factors upon Employees at Bank AlFalah and Standard Chartered Pakistan

The impacts of these policies upon the employees of the banks will be studied with the help of the responses of the employees of both of the banks. The proposed research study will present the case studies of these two banks by employing a qualitative research approach. The data and information for the study will be collected through secondary and primary resources i.e. through literature review and in-depth interviews of the employees of both the banks. The study will help in the identification of the major strengths and weaknesses present in the motivational policies of these banks and will allow proposing the formulation of improved policies.

Motivation basically refers to satisfying one’s needs through differe...
14 Pages(3500 words)Research Proposal

Relationship between Money Supply and Inflation in Saudi Arabia

Over the recent past, the effects of money supply, debt and inflation have become contentious issues for debate. Furthermore, frequent cautions concerning the risk of very large budgetary deficits aver that this would send up the upcoming state debt and capital rate as indicated by the rates (interests). As a nation, Saudi Arabia has a bi and enduring budgetary deficit over the past two decades and the government has been forced to go into the market so as to have loan access and to make up for the deficits. Given the impact of this on inflation and other economic variables, it's imperative and of great alarm for strategy architects (strategists) to understand how microeconomics has an effect on money supply, financial plan defici...
10 Pages(2500 words)Speech or Presentation

The Key Macro Factors that Have Influenced the UK Grocery Retailing Industry since the Early 1960s

...1. Assess the key macro factors that have influenced the UK grocery retailing industry since the early 1960s. The concept of organisational change is inherently intertwined with external threats and opportunities, which businesses must adapt to as part of strategic planning to continue long term growth. Senior and Fleming argue that the concept of organisational change has many faces, namely “convergent changes and transformational change that is organisation wide and characterised by radical shifts in strategy, mission values and associated changes of structures and systems” (In Thompson & Martin, 2005, p.41). Moreover, Johnson et al highlight that external macro-economic factors intrinsically impact strategy management and without...
13 Pages(3250 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Assignment on topic Factors affecting inflation rate Oman for FREE!

Contact Us