US consumer inflation falls ahead of Fed interest rate decision

US consumer inflation falls ahead of Fed interest rate decision

By Daniel AVIS Fresh US consumer inflation data published Wednesday is unlikely to sway the Federal Reserve's plans to leave its key lending rate unchanged, but could alter how many rate cuts policymakers pencil in for this year. The annual consumer price index (CPI) came in at 3.3 percent in May, down 0.1 percentage point from April, the Labor Department said in a statement -- […]

June 12, 2024 21

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 […]

January 18, 2024 51

Business / Economics

Namibia records decrease in December inflation

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.

January 11, 2024 55