Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile
Veronika Haulenga
Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile
Veronika Haulenga
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Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga
The local annual inflation rate eased to 3.2% in January, continuing its downward trend due to lower costs in key sectors. However, the month-on-month inflation rate saw an uptick, rising to 1.1% from 0.2% in December. Capricorn Asset Management’s Floris Bergh weighs in:
Inflation eased locally to 3.2% in January, reflecting a steady decline from previous months due to lower costs in key sectors. Despite the annual slowdown, the month-on-month rate climbed to 1.1% from 0.2% in December. Transport, housing, and food remain the biggest inflation drivers. Simonis Storm economist Almandro Jansen:
By Conrad Onyango, bird story agency Squeezed by painfully high prices for over a year, households in Kenya and Nigeria are beginning to get some relief as their national currencies strengthen against the US dollar and the cost of living starts to come down. In 2023, the shilling and naira were ranked among the worst-performing currencies in the world, according to data from Bloomberg and World Currency […]
South Africa’s annual consumer price inflation rose to 5.3% in January from 5.1% in December last year, the first jump after two-consecutive months of moderation. Separately, SA’s Finance Minister Enoch Godongwana has announced proposed reforms to infrastructure financing aimed at optimising the sectoral value chain to be effective and efficient.
Residents of Khomas referred to as Zone 2, have experienced a slightly higher inflation rate of 5.7%, while those in the northern regions, known as Zone 1, saw a slightly lower rate of 5.5%. The southern regions, or Zone 3, which includes Omaheke and Erongo, experienced the lowest inflation at 5%. According to Namibia Statistics Agency spokesperson, Mirjam Shihepo, in terms of consumer goods prices, Khomas stood out with the […]
The Namibia Statistics Agency has just released the December inflation figure, which stood at 5.3%, marking a decrease from 5.7% in November and 6.9% reported in December 2022. Here is the NSA's Public Relations Officer Mirjam Shihepo.
Inflation in the UK has dropped to under 4% - the lowest it's been in more than two years. UK Chancellor (finance minister) Jeremey Hunt says he's cautiously optimistic.
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