A total of 1,185 new vehicles were sold in November, representing a 30.9% m/m increase from the 905 vehicles sold in October, and a 17.3% y/y increase from the 1,010 new vehicles sold in November 2017. Year-to-date 11,143 vehicles have been sold of which 4,755 were passenger vehicles, 5,765 light… Continue reading
The Namibian annual inflation rate accelerated to 5.6% y/y in November, following the 5.1% y/y increase in prices recorded in October. Prices increased by 0.7% m/m, up from the 0.4% increase recorded in October. On an annual basis prices in five of the basket categories rose at a quicker rate… Continue reading
Overall Private sector credit extension (PSCE) rose by N$585 million or 0.6% m/m in October, compared to the N$524 million or 0.6% m/m increase recorded in September. Year-on-Year, PSCE growth edged up to 7.8% in October compared to 7.3% y/y in September. Cumulative private sector credit outstanding as at the… Continue reading