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.
Nobody downloaded yet

Factors affecting inflation rate Oman - Assignment Example

Comments (0)
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 paper
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
Comments (0)
Click to create a comment or rate a document
Pain and the Role of the Nurse in Helping Patients Manage Factors affecting it
Pain is a crucial aspect of people’s lives and therefore the way it is managed is important in order that patients or people in general get to overcome its effects. The nurse also plays an essential part in this whole aspect of pain management. It is mandatory that a good strategy is employed in managing the patient’s pain.
8 Pages(2000 words)Assignment
Factors affecting inflation rate Bahrain
Oil prices are determined by the help of other countries especially Latin America and Europe. Therefore oil prices in these countries affect Bahrain’s economy. Inflation in Bahrain is affected by goods such as food, beverages, tobacco and services such as medical car, transport and communication.
5 Pages(1250 words)Assignment
Factors Affecting Trade of Sugar
Sugar is a protected commodity in the world market. It is affected by government interventions, price changes, production, and a growing market for sugar substitutes. Sugar is produced in 120 countries with an annual production of 165 million tonnes a year.
4 Pages(1000 words)Assignment
Investment Decision Making
Firms face two main types of risk: systematic risk and unsystematic risk. Systematic risk, otherwise referred to as market risk on the one hand is the risk that a firm faces as a result of movements in the market such as movements in the value of a stock index (e.g., the FTSE100 index); fluctuations in interest rates, fluctuations in currency exchange rates, as well as changes in inflation rates.
10 Pages(2500 words)Assignment
Petroleum Development of Oman
The first economic find of oil was made in 1962, and the first consignment of oil was exported in 1967. PDO has been working in a close alliance with the Omani Government and has the ardent support of his Excellency Sultan Qaboos Bin Said Al Said. PDO and Ministry of Oil and Gas (MOG) have been toiling hard for the past decade or so for the development Omani human resource and a number of technical and vocational ventures have been launched that specifically aim at the development of lower and middle level manpower within the company and in the country at large.
13 Pages(3250 words)Assignment
Pulse Rate
You can check an individual's pulse rate by measuring its rate and rhythm. Pulse is the number of heartbeat per minute (Habits of Heart, 2000). Pulse rate is determined to test how well your heart is. It is the pumping of the heart with blood that causes pulse rate.
6 Pages(1500 words)Assignment
Prepare a report on PEST analysis for Apple. look at how various micro and macro factors are affecting your chosen company
Firstly, globalisation has a positive impact on the performance of the company. Apple Inc., being the king of technology in the U.S, also reaches different parts of the world as the icon of latest technology. The term globalisation mainly represents
2 Pages(500 words)Assignment
Factors Affecting Customer Satisfaction
The author states that the technology’s management ensures quality for its products through interaction with clients in social media. It avoids using drivers who attract negative feedback from customers. Even though the technology-based service provider has been facing controversies with its users.
2 Pages(500 words)Research Paper
Conduct research on the economic performance of ONE (1) country over the last ten years, from 2004 to 2013, applying the macroeconomic indicators of real GDP, real GDP growth rate, real GDP per capita , unemployment rate and inflation rate to argue whe
This paper mainly concentrates on the postwar period of economic development (1945-present) of Japan. High levels of growth in the last decade were observed in a number of industrial sectors, that include agriculture, automobile mining, and petroleum exploration. Economic trends in these industries, as well as in labor market are considered.
4 Pages(1000 words)Assignment
The 1947 to 1991 phase and the one after 1991(Picardo, 2015). The Indian economy was faced with internal issues that included; war, religious riots, shattered economy, poverty and high illiteracy levels. These issues were pivotal in shaping the
2 Pages(500 words)Assignment
Let us find you another Assignment on topic Factors affecting inflation rate Oman for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us