Consumer Price Index

27 February Morning Biz News: Hyphen Expands Training, SA Inflation Rises, Tesla Stock Drops

Hyphen Hydrogen Energy Expands Green Hydrogen TrainingHyphen Hydrogen Energy has signed a Memorandum of Understanding (MoU) with the Hardap Regional Council to address the skills gap and prepare local workers for employment in the green hydrogen industry. According to The Brief, this collaboration is part of Hyphen’s broader efforts with the Namibian government to develop specialized training and capacity-building programs. South Africa’s Inflation Rises to 3.2% in JanuaryConsumer inflation in […]

27 February, 2025 21

Business / Economics

Morning Biz News – 19 February 2025

The Namibian stock market recorded notable trading activity this month, with a total of 940,710 shares exchanged, valued at N$13.4 million across 53 deals. The financial sector led trading volumes, with 1,089,156 shares changing hands, amounting to N$2.6 million. Year-to-date, 8.4 million shares have been traded, totaling N$496.4 million across 660 deals. In South Africa, Statistics South Africa (Stats SA) has delayed the release of the January 2025 inflation report […]

19 February, 2025 30

Business / Economics

DA Optimistic as S.A. Food Inflation Hits 14-Year Low

In S.A, the DA says it is optimistic after the latest Consumer Price Index statistics, which highlight a significant drop in food inflation to a 14-year low. Annual inflation for food and non-alcoholic beverages retreated sharply to 2.3-percent in November from 3.6-percent the previous month, the lowest rate for the category since December 2010, when it stood at 1.6-percent. The DA’s, Wendy Alexander, says they reiterate their call for the […]

13 December, 2024 51

Business / Economics

Inflation-cutting stalls in US as prices rise

Progress on cutting inflation in the US has stalled as prices rise, according to the latest data from the US government's key metric for tracking inflation levels. The Consumer Price Index shows the monthly inflation rate and annual inflation rate each rose by 0.1 percentage points from their October levels. Kate Fisher reports

12 December, 2024 44

Business / Economics

FNB Namibia economist forecasts April inflation

Following the release of the Consumer Price Index for March 2024, which shows the annual inflation rate stood at 4.5% compared to 7.2% recorded in March 2023, by the Namibia Statistics Agency, we contacted Helena Mboti an economist at FNB Namibia to get the bank's inflation forecasts for April 2024.

10 April, 2024 84

Namibia

Namibia’s CPI comes in at 5.3%

The Namibia Statistics Agency’s latest Consumer Price Index shows that Namibia’s annual inflation stood at 5.3 percent during December 2023. NSA Communication specialist, Mirja Shihepo helps make sense of things. Meanwhile, during the month of November 2023, Namibia’s trade balance stood at a deficit of N$4.0 billion an improvement when compared to N$4.5 billion when compared to N$2.8 billion recorded in October 2023. The country’s trade composition by partner […]

18 January, 2024 70