Namibia’s Annual Inflation Moderates to 5.3% in December 2023

In December 2023, Namibia experienced a moderation in its annual inflation rate, standing at 5.3% year-on-year. This represented a slowdown from the 5.7% year-on-year figure observed in November 2023 and a more substantial decline from the 6.9% recorded the previous year. FNB Namibia Economist, Ruusa Nandago, provides insights into what can be anticipated regarding inflation for the year 2024.

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Written by: Leonard Witbeen

Business Economics FUTURE MEDIA NAMIBIA FUTURE MEDIA NEWS Inflation leonard witbeen Ruusa Nandago

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