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Business / Economics

Food and housing drive inflation

todaySeptember 10, 2024 18

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The annual inflation rate was 4.4% in August, down from 4.7% in August 2023. Monthly inflation increased to 0.3% from 0.2% in the previous month. Key contributors to inflation were food and non-alcoholic beverages and housing, water, electricity, gas, and other fuels, each contributing 1%. Namibia Statistics Agency spokesperson, Mirjam Shihepo.

 

Written by: Tonata Kadhila

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