The annual inflation rate in Namibia rose for the third month to 4.4% in June 2026, the highest since August 2024, up from 4.1% in the prior month. Upward pressure came from a broad range of categories, notably transportation (12.9% vs 11.5% in May); recreation & culture (5.6% vs 3.8%) and hotels, cafes & restaurants (5.5% vs 4.8%). Prices also advanced faster for food & non-alcoholic beverages (2.5% vs 2%) and miscellaneous goods & services (2.2% vs 1.1%). Meanwhile, housing & utilities (4.4% vs 4.9%) and health (4.4% vs 4.7%) saw softer price increases. On a monthly basis, the CPI rose by 0.3%, slowing from a 1.2% advance in the preceding month. source: Central Bureau of Statistics, Namibia
Inflation Rate in Namibia increased to 4.40 percent in June from 4.10 percent in May of 2026. Inflation Rate in Namibia averaged 8.70 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 July of 2026.
Inflation Rate in Namibia increased to 4.40 percent in June from 4.10 percent in May of 2026. Inflation Rate in Namibia is expected to be 4.50 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 4.10 percent in 2027 and 3.70 percent in 2028, according to our econometric models.