825 New vehicles were sold in April, which represents a 27.8% m/m decrease from the 1,142 vehicles sold in March, and is down 14.0% from April 2017 when 959 vehicles were sold. Year-to-date 3,886 vehicles have been sold of which 1,829 were passenger vehicles, 1,888 light commercial vehicles, and 169… Continue reading
Overall Private sector credit extension (PSCE) increased by N$724.8 million or 0.8% m/m in March, bringing the cumulative credit outstanding to N$92.4 billion. On a year-on-year basis, private sector credit extension increased by 5.9% in March, increasing at a slightly quicker rate than the 5.1% recorded in February. From a… Continue reading
A total of 1,142 new vehicles were sold in March, a 9.9% m/m increase from the 1,039 vehicles sold in February. This is, however, 18.7% lower than the 1,404 new vehicles sold in March 2017. Year-to-date 3,061 vehicles have been sold of which 1,456 were passenger vehicles, 1,491 light commercial… Continue reading