Core Inflation

Morning Biz News 03 March 2025: Market, Ports, Inflation & Crypto

Local Stock Market Update The Namibian Stock Exchange (NSX) saw a total trade volume of 31,856 shares on Friday, amounting to N$1.46 million across 19 transactions. Year-to-date, the market has recorded 9.9 million shares traded, totaling N$588.4 million over 799 deals. Exchange-Traded Products (ETPs) continue to gain traction, contributing N$12.1 million in trade value since the start of the year. Major Investment in Durban Container Terminals South Africa’s Durban Container […]

3 March, 2025 28

Business / Economics

Inflation drops to 3.4% in December 2024, driven by lower food and transport prices

Inflation in December 2024 decreased to 3.4% year-on-year, down from 5.3% in December 2023. The decline was primarily driven by lower food and transport prices, although higher housing and utility costs partially offset the reduction. On a month-on-month basis, inflation rose slightly from 3.0% in November to 3.4% in December, largely due to higher food prices and mild transport deflation. FNB Economist Helena Mboti explained the factors behind the inflation […]

14 January, 2025 54

Business / Economics

Regional Price Differences Revealed in October Inflation Report

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.

8 November, 2024 30

Business / Economics

FNB Namibia expects inflation to reach 4.7% in September

FNB Namibia expects headline inflation to increase to 4.7% year-on-year in September from 4.4% in August, mainly driven by rising food and non-alcoholic beverage prices because of the ongoing drought, while transport costs continue to decline. Core inflation is expected to slightly decrease from 3.8% in August to 3.7% in September. FNB Namibia economist Helena Mboti, explains.

2 October, 2024 75

Business / Economics

FNB Namibia expects inflation to reach 4.7% in September

FNB Namibia expects headline inflation to increase to 4.7% year-on-year in September from 4.4% in August, mainly driven by rising food and non-alcoholic beverage prices because of the ongoing drought, while transport costs continue to decline. Core inflation is expected to slightly decrease from 3.8% in August to 3.7% in September. This small drop suggests that, even though overall inflation might temporarily rise, inflationary pressures in the economy are gradually […]

2 October, 2024 52