The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

(Special for CAFS) Namibia inflation decelerates to 5.4 pct in August

Contributed by NAMPA / Xinhua.

WINDHOEK, Sept. 14 (Xinhua) -- Namibia's annual inflation rate for the month of August slowed to 5.4 percent, down from 6.8 percent recorded in August last year, a decrease of 1.4 percentage points, according to a report released by the country's statistics agency on Thursday.
Namibia Statistics Agency (NSA) Statistician-General, Alex Shimuafeni said the annual inflation rate recorded a notable slowdown in the price levels of food and non-alcoholic beverages from 11.5 percent in August 2016 to 4.6 per ...

 

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