Inflation slows to 3.5 per cent in July

NAMPA

2025-08-12

WINDHOEK, 14 May 2021 - On a monthly basis, overall inflation stood at 2.7 per cent in February 2021, the same as in March. The increase in inflation was mainly reflected in the food and beverages categories. (Photo by: Elvi Haihambo) NAMPA

WINDHOEK, 12 AUG (NAMPA) - Namibia’s annual inflation rate eased to 3.5 per cent in July, down from 3.7 per cent in June and 4.6 per cent in July last year.
This was indicated in a report issued to Nampa on Tuesday by First National Bank of Namibia (FNB).
The slowdown was mainly due to continued deflation in transport costs, along with smaller increases in housing, utilities, furnishings, and prices in hotels and restaurants. These offset sustain...

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