Namibia’s annual inflation rate soared to 7.2% y/y in February following a 7.0% y/y increase in prices recorded in January. Prices in the overall NCPI basket rose by 0.4% m/m, compared to a 1.1% m/m increase in January. On a year-on-year basis, overall prices in eight of the twelve basket… Continue reading
The City of Windhoek approved 167 building plans in February, a 111.4% m/m increase from January’s low base of 79 approvals. In monetary terms, the approvals were valued at N$72.7 million, a 229.0% m/m increase from January’s dismal N$22.1 million. Year-to-date 246 building plans worth N$94.8 million have got the… Continue reading
A total of 1,103 new vehicles were sold in February, 294 more than the upward revised figure of January, and represents a 24.9% y/y increase from the 883 new vehicles sold in February 2023. 1,912 new vehicles were sold during the first two months of 2023, of which 1,035 were… Continue reading