Sunday, May 18, 2008

Inflation in Oman Hits 11.5%

Inflation in Oman hit 11.5% in March, the highest level in 18 years. There are numerous economic explanations for this. What is the buzz around Oman as to why the prices are rising so quickly and how it should be addressed?

Economic theory is great, but public perception is a much stronger guide as to how people will react to continued high prices and at whom they point the finger...

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