A total of 936 new vehicles were sold in March, representing a 24.6% m/m increase from the 751 vehicles sold in February. It should be noted that March vehicle sales have a seasonal effect of being slightly higher due to it being the end of the tax year. Year-to-date, 2,365… Continue reading
The Namibian annual inflation rate edged up to 4.5% y/y in March, after moderating to 4.4% y/y in February. Prices in the overall NCPI basket increased by 0.2% on a monthly basis in March, following deflation of 0.1% m/m in February. On an annual basis, prices in five of the… Continue reading
Overall Total credit extended to the private sector (PSCE) increased by N$606.7 million or 0.63% m/m in February, bringing the cumulative credit outstanding to N$97.7 billion. On a year-on-year basis, private sector credit extension increased by 6.59% in February, compared to 7.16% in January. From a rolling 12-month basis, N$6.04… Continue reading