FNB Namibia expects inflation to tick up slightly in June

FNB Namibia expects inflation to tick up slightly in June

FNB Namibia expects headline inflation to rise by 0.1 to 5.0 percent year-on-year in June. The bank further anticipates a slight decrease in inflation on a month-on-month basis of 0.1 percentage points to 0.2% in June 2024, primarily influenced by a 0.7% reduction in transport costs compared to the previous month. FNB Namibia economist Helena Mboti. Mboti says the alcoholic beverages and tobacco category will significantly contribute to inflation, […]

July 2, 2024 73

Namibia

FNB House Price Index: Diverse Growth Trends Across Segments and Regions

The FNB Namibia House Price Index for Quarter 4 of 2023 showed 1.5% 12-month average growth, down from the previous quarter. Segments varied, with declines in small and medium segments, while large and luxury segments surged. Ruusa Nandago, FNB Namibia Economist, provided insights.

April 10, 2024 57