New Vehicle Sales – October 2016 A total of 1,157 vehicles were sold in October, the lowest monthly figure since February 2013. This represents a 7.6% decrease in the number of vehicles sold in September 2016 and 34.5% decline from the number of vehicles sold in October 2015. Since January… Continue reading
The Namibian annual inflation rate increased to 7.3% in October, up from the 6.9% recorded in September. Prices increased by 0.5% month on month. The yearly increases were largely driven by the housing, water, electricity and other fuel category which increased at a rate of 7.8% y/y, the food and… Continue reading
Overall Total credit extended to the private sector increased by N$1.15 billion or 1.4% in September, bringing the cumulative credit outstanding figure to N$84.39 billion. Annual growth in PSCE ticked up slightly, to 11.1%, versus the August figure of 10.8%. Over the last twelve months a net of N$8.45 billion… Continue reading