BoN revises inflation upward to 3.7 per cent

NAMPA

2026-04-29

WINDHOEK, 29 April 2026 - Bank of Namibia Governor Ebson Uanguta speaking at the second bi-monthly Monetary Policy Committee (MPC) announcement for 2026. (Photo by: Chelva Wells) NAMPA

WINDHOEK, 29 APR (NAMPA) - Bank of Namibia (BoN) Governor, Ebson Uanguta, on Wednesday announced an upward revision of the 2026 domestic inflation forecast to 3.7 per cent, warning that government subsidies shielding consumers from oil shocks may expire within six months.
The 0.2 percentage point revision follows a period in which headline inflation averaged 2.5 per cent during the first quarter of 2026. However, the central bank expects price pr...

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Bank Namibia economy inflation

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