INFLATION DRIVERS

December 5, 2024 4

INFLATION DRIVERS: Housing, Water, Electricity, Gas, and other fuels, as well as Food and Non-Alcoholic Beverages, have been identified as the primary contributors to the annual inflation rate of 3.0% in November 2024.

Each of the above commodities have been recorded as contributing 1.1 percentage points, while the category” Alcoholic Beverages and Tobacco contributed 0.7 percentage points.

This has been reported in the latest Consumer Price Index Bulletin from the Namibia Statistics Agency for November 2024.

Report: Hertha Ekandjo

Photo: Contributed

Written by: Terence Mukasa

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