Inflation sticky despite oil dip: Uanguta

NAMPA

2026-06-18

WINDHOEK, 08 June 2026- Bank of Namibia Governor Ebson Uanguta presents the macroeconomic and fiscal outlook shaping Namibia’s budget reform agenda at the one-day implementation planning workshop in Windhoek on Monday. (Photo by: Chelva Wells) NAMPA

WINDHOEK, 18 JUN (NAMPA) – Bank of Namibia (BoN) Governor Ebson Uanguta said on Wednesday that falling international oil prices have not eased Namibia’s inflation outlook, because the recent drop is temporary and price pressures from the earlier spike are still working through the economy.
Uanguta made the remarks while responding to media questions after announcing that the Monetary Policy Committee had raised the repo rate by 25 basis points to...

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