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Quarterly Statistical Bulletin March 2021https://cbo.gov.om/report/QuarterlyBulletins/1286/14/2021 8:00:00 PMQuarterly Statistical Bulletin March 2021The nominal GDP, as per the preliminary data released by National Centre for Statistics and Information (NCSI), showed a decline of 15.3 percent during the fourth quarter of 2020 over the same period of 2019.https://publishing.bnet.om/sites/assets/Documents/English/Publications/QuarterlyBulletins/2021/QuarterlyStatisticalBulletinMarch2021En.pdf<div style="text-align:justify;"> </div><p style="text-align:justify;"><span class="ms-rteThemeFontFace-1 ms-rteFontSize-2">The nominal GDP, as per the preliminary data released by National Centre for Statistics and Information (NCSI), showed a decline of 15.3  percent during the fourth quarter of 2020 over the same period of 2019. The contraction was driven by decline in output of both the hydrocarbon sector by 23.4 percent and non-hydrocarbon sector by 10.5 percent. The Omani oil average price during March 2021 at $49.5 per barrel was lower by 23.1 percent than that in March 2020.The average daily oil production at 953.6 thousand barrels during March 2021 declined by 4.5 percent. The Sultanate’s Consumer Price Index (CPI) showed a y-o-y deflation of 1.1 percent during March 2021.</span></p>
Quarterly Statistical Bulletin December 2020https://cbo.gov.om/report/QuarterlyBulletins/1242/27/2021 8:00:00 PMQuarterly Statistical Bulletin December 2020The Omani oil price, averaged $46.0 per barrel during Jan- Dec 2020, was lower by 27.6 percent over the corresponding period of last year. https://publishing.bnet.om/sites/assets/Documents/English/Publications/QuarterlyBulletins/2020/QuarterlyStatisticalBulletinDecember2020En.pdf<p style="text-align:justify;"><span class="ms-rteThemeFontFace-1 ms-rteFontSize-2">​The Omani oil price, averaged $46.0 per barrel during Jan- Dec 2020,  was lower by 27.6  percent over the corresponding period of last year. Moreover, the average daily oil production decreased by  2.1 percent to 950.7  thousand barrels during this period. The Sultanate Consumer Price Index (CPI) witnessed a year-on-year (Y-o-Y) negative growth of -0.9  percent during Jan-December 2020.</span></p>
Quarterly Statistical Bulletin September 2020https://cbo.gov.om/report/QuarterlyBulletins/11811/29/2020 8:00:00 PMQuarterly Statistical Bulletin September 2020​The weighted average interest rate on RO deposits decreased marginally from 1.987 percent in September 2019 to 1.916 percent in September 2020https://publishing.bnet.om/sites/assets/Documents/English/Publications/QuarterlyBulletins/2020/QuarterlyStatisticalBulletinSept2020En.pdf<p style="text-align:justify;">​The weighted average interest rate on RO deposits decreased marginally from 1.987 percent in September 2019 to 1.916 percent in September 2020, and the weighted average RO lending rate increased from 5.463 percent to 5.481 percent during the same period. Meanwhile, the overnight Rial Omani domestic inter-bank lending rate fell significantly to 0.780 percent in September 2020 from 2.675 percent a year ago, reflecting transmission of policy rate cuts by the Federal Reserve. The average Repos rate for liquidity injection by the CBO also stood lower at 0.5 percent during September 2020 in comparison with 2.554 percent in September 2019.  </p>

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