Namibian unemployment Rate Falls

According to Acting Statistician-General of the NSA, Lina Ndafewayo Kafidi, the broadly defined unemployment rate fell to 28.1% in 2014 versus 29.6% reported in 2013. The Labour Force Survey indicated that there was an increase in labour force participation of 10 217 persons, bringing the total labour force to 990 998… Continue reading →

Namibia CPI – February 2015

Namibian annual inflation fell to 3.6 percent in February, from 4.5 percent in January. On a monthly basis, weighted prices fell by 0.2 percent. Food and non-alcoholic beverages, alcoholic beverages and tobacco, and miscellaneous goods and services continue to experience elevated levels of annual price increases. The aforementioned basket categories,… Continue reading →

Vehicle Sales – February 2015

1,947 new vehicles were sold in Namibia during February, up 13.5% m/m, which is mostly due to January being a seasonally slower month. The higher monthly numbers, compared to January, were on account of a 15.7% increase in commercial vehicle sales and a 10.5% rise in passenger vehicle sales. At… Continue reading →