Khomas region sees highest inflation at 4.2%

Khomas region sees highest inflation at 4.2%

The Namibia Statistics Agency has reported that the headline inflation for October was 3%. Among the zonal inflation rates, Zone 2 (Khomas region) recorded the highest at 4.2%. Spokesperson Mirjam Shihepo has more.

November 7, 2024 18

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 […]

October 2, 2024 31

Business / Economics

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 65