Inflation rate in Namibia increased to 5.1% in October of 2018 from 4.8% in the previous month. It was the highest inflation rate since December 2017, mainly due to higher prices of food & non-alcoholic beverages (3% from 2.5% in September), as food (3% from 2.6%), oils & fats (4.5% from 4%), vegetables (7.6% from 5.2%) and non-alcoholic beverages (2.8% from 1.8%). Also, prices rose faster for transport (13.6% from 12.9%); furniture & household equipment (0.9% from 0.3%) and miscellaneous goods & services (4.4% from 3.9%); and cost rebounded for communication (1.1% from -1.2%) and clothing & footwear (0.3% from -3.2%). Meantime, inflation was steady for housing & utilities (3.8%, the same as in September) and education (9.9%), while prices slowed for alcoholic beverages & tobacco (4.9% from 5.6%); recreation & culture (4.8% from 5%); health (4.8% from 5%) and restaurant & hotels (3.5% from 3.6%). On a monthly basis, consumer prices went up 0.4%, following a 0.8% gain in September. Inflation Rate in Namibia averaged 9.46 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
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-09-13 07:00 AM Inflation Rate YoY 4.4% 4.5% 4.7%
2018-10-11 09:00 AM Inflation Rate YoY 4.8% 4.4% 4.2%
2018-11-15 08:20 AM Inflation Rate YoY 5.1% 4.8% 4.80%
2018-12-14 09:00 AM Inflation Rate YoY 5.1% 5.20%


Namibia Prices Last Previous Highest Lowest Unit
Inflation Rate 5.10 4.80 20.54 0.94 percent [+]
Consumer Price Index CPI 134.44 133.87 134.44 2.06 Index Points [+]
Food Inflation 3.00 2.50 13.20 2.00 percent [+]
Import Prices 127.80 129.00 129.00 84.10 Index Points [+]
Inflation Rate Mom 0.40 0.80 3.20 -0.30 percent [+]
Cpi Housing Utilities 132.57 132.56 132.57 54.71 Index Points [+]
CPI Transportation 134.79 133.22 134.79 88.70 Index Points [+]
Export Prices 174.00 161.20 174.00 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
5.10 4.80 20.54 0.94 1973 - 2018 percent Monthly
2012M12=100, NSA




Country Last
Argentina 40.30 Sep/18
Australia 1.90 Sep/18
Brazil 4.56 Oct/18
Canada 2.20 Sep/18
China 2.50 Oct/18
Euro Area 2.20 Oct/18
France 2.20 Oct/18
Germany 2.50 Oct/18
India 3.31 Oct/18
Indonesia 3.16 Oct/18
Italy 1.60 Oct/18
Japan 1.20 Sep/18
Mexico 4.90 Oct/18
Netherlands 2.10 Oct/18
Russia 3.50 Oct/18
Saudi Arabia 2.10 Sep/18
Singapore 0.70 Sep/18
South Africa 4.90 Sep/18
South Korea 2.00 Oct/18
Spain 2.30 Oct/18
Switzerland 1.10 Oct/18
Turkey 25.24 Oct/18
United Kingdom 2.40 Oct/18
United States 2.50 Oct/18


Related

Latest