The annual inflation rate in Namibia fell to 2.4% in February 2026 from 2.9% in the prior month, marking the fourth consecutive period of slowing price growth to the lowest since December 2020. Prices decelerated primarily for food & non-alcoholic beverages (1.6% vs 1.9% in January); alcoholic beverages & tobacco (3.4% vs 3.8%); miscellaneous goods & services (1.3% vs 1.5%) and clothing & footwear (0.3% vs 0.7%). At the same time, declines were seen for transportation (-1% vs 1.7%) and communications (-1.6% vs -1.4%). On the other hand, housing & utilities (4.7% vs 4.6%); hotels & restaurants (4.8% vs 3.6%) and recreation & culture (3.9% vs 3.7%) registered faster increases. On a monthly basis, the CPI was flat, after rising by 0.8% in the previous month. source: Central Bureau of Statistics, Namibia

Inflation Rate in Namibia decreased to 2.40 percent in February from 2.90 percent in January of 2026. Inflation Rate in Namibia averaged 8.73 percent from 1973 until 2026, reaching an all time high of 20.54 percent in June of 1992 and a record low of 0.94 percent in May of 2005. This page provides the latest reported value for - Namibia Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Namibia Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on March of 2026.

Inflation Rate in Namibia decreased to 2.40 percent in February from 2.90 percent in January of 2026. Inflation Rate in Namibia is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Namibia Inflation Rate is projected to trend around 3.40 percent in 2027 and 3.20 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-12 08:00 AM
Inflation Rate YoY
Jan 2.9% 3.2% 3.4%
2026-03-12 08:00 AM
Inflation Rate YoY
Feb 2.4% 2.9% 2.7%
2026-04-09 08:00 AM
Inflation Rate YoY
Mar 2.4% 2.5%


Related Last Previous Unit Reference
Consumer Price Index CPI 179.30 179.40 points Feb 2026
CPI Housing Utilities 158.00 157.90 points Feb 2026
CPI Transportation 184.00 186.30 points Feb 2026
Export Prices 171.00 163.00 points Dec 2025
GDP Deflator 168.47 158.85 points Dec 2025
Import Prices 129.00 121.00 points Dec 2025
Inflation Rate YoY 2.40 2.90 percent Feb 2026
Inflation Rate MoM 0.00 0.80 percent Feb 2026


Namibia Inflation Rate
In Namibia, the most important category in the consumer price index is Housing and Utilities (28 percent of total weight). Food and Non-Alcoholic Beverages accounts for 17 percent; Transport for 14 percent; Alcoholic beverages and Tobacco for 13 percent; Furnishings and Household Equipment for 6 percent; and Miscellaneous Goods and Services for 5 percent. Communication, Education, Recreation and Culture, Clothing and Footwear, Health and Hotels, Cafés and Restaurants account for the remaining 18 percent of total weight.
Actual Previous Highest Lowest Dates Unit Frequency
2.40 2.90 20.54 0.94 1973 - 2026 percent Monthly
2012M12=100, NSA

News Stream
Namibia Inflation Rate Softens for 4th Month
The annual inflation rate in Namibia fell to 2.4% in February 2026 from 2.9% in the prior month, marking the fourth consecutive period of slowing price growth to the lowest since December 2020. Prices decelerated primarily for food & non-alcoholic beverages (1.6% vs 1.9% in January); alcoholic beverages & tobacco (3.4% vs 3.8%); miscellaneous goods & services (1.3% vs 1.5%) and clothing & footwear (0.3% vs 0.7%). At the same time, declines were seen for transportation (-1% vs 1.7%) and communications (-1.6% vs -1.4%). On the other hand, housing & utilities (4.7% vs 4.6%); hotels & restaurants (4.8% vs 3.6%) and recreation & culture (3.9% vs 3.7%) registered faster increases. On a monthly basis, the CPI was flat, after rising by 0.8% in the previous month.
2026-03-12
Namibia Inflation Rate Ebbs to 2021-Lows
The annual inflation rate in Namibia edged down to 2.9% in January 2026, the lowest level since February 2021, from 3.2% in December. This marked the third consecutive month of slowing inflation, mainly on account of food & non-alcoholic beverages (1.9% vs 2.6% in December); education (2.4% vs 4.3%); hotels, cafes & restaurants (3.6% vs 4.2%); recreation & culture (3.7% vs 4.3%) and miscellaneous goods & services (1.5% vs 2.8%). In the meantime, communication prices decreased 1.4%, after a 0.4% rise in the month before. On a monthly basis, the CPI rose by 0.8%, accelerating from a 0.1% increase in the prior month.
2026-02-12
Namibia Inflation Rate Softens to 4-Month Low of 3.2%
The annual inflation rate in Namibia eased for the second month to 3.2% in December 2025, the softest since August, compared to November's 3.4%. Prices continued to slow down for some CPI categories, notably food & non-alcoholic beverages (2.6% vs 3.9% in November); hotels, cafes & restaurants (4.2% vs 4.8%) and alcoholic beverages & tobacco (3.7% vs 3.9%). On the other hand, prices accelerated mostly for housing & utilities (4.5% vs 4.1%) and recreation & culture (4.3% vs 3.8%). On a monthly basis, the CPI edged up 0.1% in December, after being flat in the previous month.
2026-01-08