700 New vehicles were sold in December, 1 more than the upward revised 699 in November, but a 2.0% y/y decrease from the 714 new vehicles sold in December 2019. Year-to-date 7,614 vehicles have been sold, a 26.8% contraction from December last year and the lowest annual vehicle sales figure… Continue reading
A total of 115 building plans were approved by the City of Windhoek in December, which is a 57.6% m/m decline from the 271 building plans approved in November. In value terms, approvals fell by 68.2% m/m to register N$75.4 million worth of approvals in December, compared to N$237.2 million… Continue reading
The Namibian annual inflation rate increased marginally to 2.4% y/y in December, following the 2.2% y/y increase in prices recorded in November. Prices in the overall NCPI basket remained steady on a month-on-month basis, an indication of the subdued inflationary pressure currently being experienced. The annual average inflation rate for… Continue reading