Namibia Inflation Rate

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.