Namibia’s annual inflation rate softened to 6.9% y/y in December. Prices in the overall NCPI basket rose by 0.3% m/m, marginally slower than last month. Year-on-year, overall prices in six of the twelve categories rose at a quicker rate in December than in November, four categories experienced slower rates of… Continue reading
Overall Private sector credit (PSCE) rose by N$587.0 million or 0.5% m/m in November, bringing the cumulative credit outstanding to N$110.2 billion after normalising for interbank swaps accounted in non-resident private sector claims. Year-on-year, private sector credit grew by 3.2% in November, marginally quicker than the 3.0% y/y growth recorded… Continue reading
191 building plans were approved by the City of Windhoek in November, representing a 27.1% m/m decline from the 262 building plans approved in October. In value terms, the approvals were valued at N$134.6 million, down 38% m/m from the N$157.3 million worth of plans approved in October. Year-to-date, 2,357… Continue reading