Annual inflation declined to 6.7% in April, 0.3% lower than March. Prices increased by 0.3% m/m. The lower annual figure was due to moderation of food price inflation with is currently at 5.8% y/y, down from its 2016 average of 10.4%. Of the twelve basket items, only two saw a… Continue reading
Annual inflation declined to 7.0% in March, 0.8% lower than in February, while prices increased by 0.1% on a m/m basis. The decrease in annual inflation was largely as a result of a drop in food prices and a slight decrease in rental payments for dwellings. Neutralising some of the… Continue reading
The Namibian annual inflation rate declined slightly to 7.8% in February, 0.4% lower than the 8.2% y/y figure seen in January. Prices increased by 0.2% m/m. Annual inflation was mainly driven by housing, water, electricity and other fuel category which increased at a rate of 9.6% y/y and the food… Continue reading