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inflation rates

2 Results / Page 1 of 1

Background

Namibia

Transport, housing, and food drive 4.6% inflation rate

The Namibia Statistics Agency has reported that transport, housing, water, electricity, gas, other fuels, and food and non-alcoholic beverages were the biggest contributors to the 4.6 percent annual inflation rate in July, each contributing 1.0 percentage points. NSA spokesperson Mirjam Shihepo breaks down the numbers.       According to the NSA's July 2024 report, inflation rates varied by zone: Zone 2 (Khomas region) had the highest rate at 5.0%, […]

todayAugust 8, 2024 28

Business / Economics

Josef Sheehama reacts to the decision of Bank of Namibia to keep repo rate unchanged

  By Josef Sheehama   The decision of Bank of Namibia to keep repo rate unchanged is a shocking because inflation rates is stable, and our international reserve remain strong. The policymakers try to navigate risks to inflation and the timing of when global interest rates will start to fall. I understand that the decision influences by several factors contributing to the status quo. We are aware that Namibia's currency,  […]

todayFebruary 14, 2024 11

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