Select Page

Annual inflation rate for August slows to 3.7%

Annual inflation rate for August slows to 3.7%

The annual inflation rate for August slowed from 4.4% to 3.7% and on a monthly basis from 0.2% to 0.1%, according to the statistics agency.

Namibia Statistics Agency in their latest Consumer Price Index attributed said the decrease resulted mainly from downturn registered in: Transport (from 9.7 to 6.1%), Housing, water, electricity, gas and other fuels (from 4.4 to 1.9%), Health (from 5.1 to 3.1%), Alcoholic beverages and tobacco (from 5.4 to 3.9%), Miscellaneous goods and services (from 3.9 to 2.3%) and Hotels, cafes and restaurants (from 4.5 to 3.4%).

The twelve months average annual and average monthly inflation rates from September 2018 to August 2019 stood at 4.5% and 0.3 %. Corresponding rates recorded during the same period a year earlier stood at 4.3% and 0.4% respectively, Statistician General Alex Shimuafeni added.

Meanwhile, the average annual and average monthly inflation rates for the period January 2019 to August 2019 were estimated as 4.2 percent and 0.3 percent respectively.


About The Author


The Economist accommodates two interns every year, one per semester. They are given less demanding, softer issues to hone their skills, often with a specific leaning to social issues. Today, many of our interns are respected journalists or career professionals at economic and financial institutions. - Ed.

Windhoek – Flat to let near central business district

One Bedroom flat for SINGLE tenant

Separate bedroom, separate bathroom, combined kitchen and lounge

Secure yard with one inside parking bay

Parking bay under shade netting

Walking distance from the CBD

One block away from Wernhil Shopping Mall

Quiet street – G4S security

Water included, electricity excluded

Monthly rent: N$5289.00 excluding electricity and N$160 for parking

Deposit: N$2500

Available immediately

To view please contact Mrs Don Camm

Tel: 061 221925