insert_link Business / Economics Economic Growth Slows As Inflation Declines According To BoN Josefina Oskar from the Bank of Namibia reported that the economy grew by 2.8% in Q3 of this year, slower than the 3.1% in the same period last year. The decline was mainly due to weaker agriculture and mining sectors, while manufacturing and construction saw growth. Inflation eased to 4.1%, with the headline rate dropping to 3.0% in October and November. todayDecember 18, 2024 19
insert_link Business / Economics DA Optimistic as S.A. Food Inflation Hits 14-Year Low In S.A, the DA says it is optimistic after the latest Consumer Price Index statistics, which highlight a significant drop in food inflation to a 14-year low. Annual inflation for food and non-alcoholic beverages retreated sharply to 2.3-percent in November from 3.6-percent the previous month, the lowest rate for the category since December 2010, when it stood at 1.6-percent. The DA’s, Wendy Alexander, says they reiterate their call for the […] todayDecember 13, 2024 21
insert_link Business / Economics Inflation ticks up in Eurozone Inflation ticked up to 2.3 percent in November across the Eurozone according to the Eurostat statistics agency. This puts prices above the European Central Bank's two percent target but the increase was expected. William Denselow reports from Brussels. todayDecember 2, 2024 15