Namibia Inflation Rate  1973-2018 | Data | Chart | Calendar | Forecast

Annual inflation rate in Namibia increased to 4.5% in July of 2018 from 4% in the previous month. It was the highest inflation rate since December of 2017. Prices advanced faster for housing & utilities (3.7% from 3.2% in June); transport (8.9% from 7.2%); alcoholic beverages & tobacco (6.8% from 5.1%); recreation & culture (3.1% from 2.5%) and restaurant & hotels (6.1% from 2%). On the other hand, cost slowed for food & non-alcoholic beverages (2.9% from 3.8%); furniture & household equipment (0.6% from 1.1%); miscellaneous goods & services (4% from 4.1%) and health (5.1% from 5.4%). At the same time, inflation was steady for communication (0.3%, the same as in June) and education (9.9%) while prices continued to decline for clothing & footwear (-5% from -5.8%). On a monthly basis, prices went up 0.5%, following a 0.2% gain in June. Inflation Rate in Namibia averaged 9.49 percent from 1973 until 2018, 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.

Namibia Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-06-14 08:20 AM Inflation Rate YoY 3.8% 3.6% 3.8%
2018-07-12 08:20 AM Inflation Rate YoY 4% 3.8% 3.9%
2018-08-15 08:10 AM Inflation Rate YoY 4.5% 4% 4.2%
2018-09-14 08:30 AM Inflation Rate YoY 4.5% 4.4%
2018-10-12 08:00 AM Inflation Rate YoY 4.2%
2018-11-15 08:30 AM Inflation Rate YoY 4%


Namibia Prices Last Previous Highest Lowest Unit
Inflation Rate 4.50 4.00 20.54 0.94 percent [+]
Consumer Price Index CPI 132.13 131.80 132.13 2.06 Index Points [+]
Food Inflation 3.80 3.90 13.20 2.00 percent [+]
Inflation Rate Mom 0.53 0.25 3.20 -0.30 percent [+]
Import Prices 133.60 123.70 133.60 84.10 Index Points [+]
Cpi Housing Utilities 131.37 131.47 131.47 54.71 Index Points [+]
CPI Transportation 126.65 124.67 126.65 88.70 Index Points [+]
Export Prices 163.60 147.10 163.60 78.80 Index Points [+]
Gdp Deflator 162.35 151.98 162.35 81.39 Index Points [+]


Namibia Inflation Rate

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. 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 - actual data, historical chart and calendar of releases - was last updated on August of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
4.50 4.00 20.54 0.94 1973 - 2018 percent Monthly
2012M12=100, NSA




inflation rate by Country
Country Last
Australia 2.10 Jun/18
Brazil 4.48 Jul/18
Canada 2.50 Jun/18
China 2.10 Jul/18
Euro Area 2.10 Jul/18
France 2.30 Jul/18
Germany 2.00 Jul/18
India 4.17 Jul/18
Indonesia 3.18 Jul/18
Italy 1.50 Jul/18
Japan 0.70 Jun/18
Mexico 4.81 Jul/18
Netherlands 2.10 Jul/18
Russia 2.50 Jul/18
South Korea 1.50 Jul/18
Spain 2.20 Jul/18
Switzerland 1.20 Jul/18
Turkey 15.85 Jul/18
United Kingdom 2.50 Jul/18
United States 2.90 Jul/18


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