Overall Private sector credit (PSCE) increased by N$304.6 million or 0.3% m/m in January, bringing the cumulative credit outstanding to N$104.0 billion. On a year-on-year basis, private sector credit grew by 7.0% y/y in January, on par with December’s increase of 6.9% y/y. Cumulative credit extended to the private sector… Continue reading
A total of 121 building plans were approved by the City of Windhoek in January, representing a 33.0% m/m increase from the 91 building plans approved in December. In monetary terms, the approvals were valued at N$189.4 million, an increase of N$23.0 million compared to last month. Buildings with a… Continue reading
The Namibian annual inflation rate slowed considerably to 2.1% in January, following the 2.6% y/y increase in prices recorded in December. Prices in the overall NCPI basket increased 0.6% m/m. On a year-on-year basis, overall prices in four of the twelve basket categories rose at a quicker rate in January… Continue reading