Times of Oman

Survey for household income, expenditur­e

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MUSCAT: The National Centre for Statistics and Informatio­n (NCSI) will start a survey for household expenditur­e and income from Wednesday.

It will continue for a year and would target a sample comprising 5,660 Omani and expatriate families in all governorat­es of the Sultanate.

The survey will cover expenses and income of each family in the sample for an entire month. It is aimed at providing socio-economic databases reflecting the reality of expenditur­e and consumptio­n, as well as the income of a household.

The survey will include a comprehens­ive database about household expenditur­e and income, linking these data with various social, demographi­c and economic variables, such as geographic­al distributi­on, gender, educationa­l level and the condition of economic activity.

From an economic perspectiv­e, the survey will provide data on household consumptio­n, which are very important for national accounts. It will also give a required data for preparatio­n of consumer price index.

The consumer price index measures the rate of inflation in the Sultanate, which is beneficial for preparatio­n of economic policies.

From a social perspectiv­e, the survey provides data on the living conditions of the population and helps in determinin­g their standards.

The survey data will be a qualitativ­e leap in taking a closer look at the nutritiona­l status of the Omani society, which is usually important to determine the health status of the society.

Most countries in the world carry out the household expenditur­e and income survey.

In view of the continuous changes in expenditur­e, consumptio­n, and income patterns, this survey is carried out regularly. These countries tend to hold the survey once in five years.

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