PSCE – August 2019

Private sector credit extension (PSCE) increased by N$429.3 million or 0.43% m/m in August, bringing the cumulative credit outstanding to N$100.8 billion. On a year-on-year basis, private sector credit extension increased by 6.1% in August, a slowdown from the 7.4% recorded in July. On a rolling 12-month basis, N$5.8 billion… Continue reading

New Vehicle Sales – August 2019

A total of 808 new vehicles were sold in August, representing a 10.6% m/m decrease from the 904 vehicles sold in July. Year-to-date, 7,035 vehicles have been sold of which 3,214 were passenger vehicles, 3,358 were light commercial vehicles, and 463 were medium and heavy commercial vehicles. This is the… Continue reading