The Namibian annual inflation rate increased slightly to 3.4% in October, up from 3.3% in September. On a month on month basis prices rose by 0.2% compared to 0.1% in September. On a year on year basis, the basket categories food, alcoholic beverages, housing utilities and hotels grew at a… Continue reading
A total of 1,767 new vehicles were sold in Namibia during October. New vehicle sales decreased by 15.5% year on year, but increased 7.4% month on month. At this point of the year, 17,942 vehicles have been sold so far in 2015, down 1% on the comparable period of 2014…. Continue reading
Overall Total credit extended to the private sector increased by N$1.392 billion, or 1.9%, in September 2015, taking total credit outstanding to N$75.9 billion. On an annual basis PSCE growth slowed slightly from 15.8% in August to 15.7% in September. A total of N$10.3 billion worth of credit has been… Continue reading