The Namibian annual inflation rate remained at 7.3% y/y in November, unchanged from October. Prices increased by 0.2% m/m. The yearly increases were largely driven by the housing, water, electricity and other fuel category which increased at a rate of 7.9% y/y, the food and non-alcoholic beverages category which increased… Continue reading
A total of 1,317 vehicles were sold in November, a strong bounce from the low witnessed last month, with the value being 13.8% higher than October’s monthly figure. Despite higher volumes sold on a monthly basis, the November figure is still 23.5% lower than that of November 2015. Since January… Continue reading
Overall Total credit extended to the private sector increased by N$206.7 million or 0.24% in October, bringing the cumulative credit outstanding figure to N$84.60 billion. Annual growth in PSCE came down slightly, to 10.2%, versus the September figure of 11.1%. Over the last twelve months a net of N$7.85 billion… Continue reading