874 New vehicles were sold in September, an increase of 46.9% m/m from the 595 vehicles sold in August, and an 8.4% y/y increase from the 806 new vehicles sold in September 2019. September is only the second month this year where new vehicle sales topped sales in 2019 on… Continue reading
Overall Total credit extended to the private sector (PSCE) increased by N$774.1 million or 0.76% m/m in August, bringing the cumulative credit outstanding to N$103.0 billion. On a year-on-year basis, private sector credit extension increased by 2.2% in August, somewhat quicker than the 1.9% growth recorded in July. On a… Continue reading
The Namibian annual inflation rate ticked up slightly to 2.4% y/y in August, following the 2.1% y/y increase in prices recorded in July. Prices in the overall NCPI basket increased by 0.4% m/m. On a year-on-year basis, overall prices in four of the twelve basket categories rose at a quicker… Continue reading