Business / Economics

Regional Price Differences Revealed in October Inflation Report

today8 November, 2024

Background

The October 2024 NSA inflation report shows regional disparities in prices across the country. Khomas recorded the highest inflation rate at 4.2%, while regions like Kavango and Otjozondjupa saw lower rates of 2.3%. Petrol prices also varied slightly, with Khomas residents paying the highest at N$20.93 per litre. The report underscores that core inflation, excluding volatile items, stood at 4.0%, providing a more stable view of economic conditions.

Written by: Leonard Witbeen