Sharp Price Increases in Malt Liquor and Energy Sectors

The Namibia Statistics Agency reports a significant 17.5 basis point rise in the producer price index for malt liquor and malt, driving inflation to 12.8% in Q2 2024, up from 2.4% last year. The energy sector also experienced a 9.2% price increase, reversing the previous year’s decline. In contrast, overall manufacturing inflation fell by 2.7%, and mining and quarrying saw a deflation rate of 4.2%. Other sectors, including mineral waters and uranium ores, showed mixed results with some price increases and stable inflation rates.

Written by: Leonard Witbeen

Future Media FUTURE MEDIA NEWS future media nmibia malt Namibia Statistics Agency price increases

Rate it

First Gentleman says oil and gas under presidency a strategic move

(Contributed Photo) By: Josia Shigwedha Namibia’s First Gentleman,Denga Ndaitwah, says President Netumbo Nandi-Ndaitwah placed the country's oil and gas portfolio under her office to safeguard it from corruption, as it is one of the sectors most vulnerable to abuse. Speaking at a student workshop held at Triumphant College in Khomasdal, […]

9 April, 2025 20

Namibia

Namibia implements N$1.3 billion in climate projects, pushes for direct access to boost funding

By: Hertha Ekandjo Namibia is currently implementing climate change projects valued at approximately N$1.3 billion, funded through various international climate financing mechanisms. These initiatives form part of the N$4 billion the country has secured over the past decade through multilateral funding windows and bilateral cooperation. Environment ministry’s deputy director for […]

9 April, 2025 30