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Namibia Inflation Rate

Last Release
Sep 2021
Actual
3.5 %
Forecast
N/A
Previous
3.4 %
Frequency
Monthly
Units In
%
Next Release
Nov 12, 2021
Time to Release
20 Days 7 Hours
Highest
Lowest
Average
Date Range
Source
20.54 %
Jun 1992
0.94 %
May 2005
9.09 %1973 - 2021N/A
In Namibia, the most important category in the consumer price index is Housing and Utilities (28.4 percent of total weight). Food and Non-Alcoholic Beverages accounts for 16.5 percent; Transport for 14.3 percent; Alcoholic beverages and Tobacco for 12.6 percent; Furnishings and Household Equipment for 5.5 percent; and Miscellaneous Goods and Services for 5.4 percent. Communication, Education, Recreation and Culture, Clothing and Footwear, Health and Hotels, Cafés and Restaurants account for the remaining 17.6 percent of total weight.

Latest Updates

The annual inflation rate in Namibia ticked up to 3.5 percent in September of 2021, from 3.4 percent in August. The main contributions to the rise in inflation were transport (7.5 percent vs 6.2 percent in August) food & non-alcoholic beverages (5 percent vs 5.2 percent); miscellaneous goods & services (6.6 percent vs 6.2 percent) and furnishings (4.8 percent vs 4.6 percent). Prices also went up for furnishings (4.8 percent vs 4.6 percent); alcoholic beverages 6 tobacco (3 percent vs 2.9 percent) and housing & utilities (1.3 percent vs 1.6 percent). On a monthly basis, consumer prices edged up 0.3 percent, after a 0.2 percent downtick in the previous month.

Namibia Inflation Rate History

Last 12 readings

Latest Releases and Calendar Events

DATETIMETITLE
Oct 14, 202115:31Namibia September Inflation Rate Edges up to 3.5%
Aug 12, 202113:14Namibia July Inflation Rate Slows to 4%
Jul 15, 202111:21Namibia June Inflation Rate at Over 2-Year High

Namibia prices Indicators

All Namibia indicators
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
Cpi Housing Utilities
135.11
Sep 2021
135.08
Aug 2021
54.71
Jan 2002
135.35
Jul 2019
pointsMonthly2002 - 2021
CPI Transportation
148.62
Sep 2021
146.41
Aug 2021
88.7
Jan 2011
148.8
Jul 2021
pointsMonthly2011 - 2021
Consumer Price Index CPI
146.49
Sep 2021
145.98
Aug 2021
2.06
Jan 1972
146.49
Sep 2021
pointsMonthly1972 - 2021
GDP Deflator
131.9
Dec 2020
124.97
Dec 2019
81.39
Dec 2007
176.51
Dec 2018
pointsYearly2007 - 2020
Export Prices
107.2
Dec 2019
106.1
Dec 2018
78.8
Dec 2007
120.4
Dec 2012
pointsYearly2007 - 2019
Food Inflation
5.2
Aug 2021
6.1
Jul 2021
1.7
Dec 2019
13.2
Jan 2017
%Monthly2012 - 2021

Inflation Rate across Africa

Inflation Rate global view
Country
Last
Previous
Min
Max
Unit
Frequency
Range
Algeria
4.12
Jun 2021
3.86
Jan 2021
0.4
Jun 2019
11.92
Apr 2012
%Monthly2001 - 2021
Benin
1.4
Aug 2021
2.7
Jul 2021
-3.8
Apr 2017
15.2
Aug 2008
%Monthly2001 - 2021
Burkina Faso
2.8
Aug 2021
3.5
Jul 2021
-5.4
Sep 2019
15.1
Jun 2008
%Monthly2000 - 2021
Burundi
10.47
Aug 2021
9.7
Jul 2021
-8.4
Oct 2018
44.93
May 1997
%Monthly1974 - 2021
Cameroon
2.4
Jun 2020
2.4
Dec 2019
0.3
Apr 2018
5
Jun 2009
%Monthly2009 - 2020
Cape Verde
2.7
Sep 2021
2.4
Aug 2021
-4.4
Feb 2004
10.2
Oct 2008
%Monthly1990 - 2021

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