Namibia’s annual inflation rate climbed to 5% in August 2026, the highest since February 2024, accelerating from 4.4% in each of the previous two months. The pickup was driven mainly by a sharp increase in transportation costs, with inflation in the category jumping to 13.2% from 9.3% in July, owing to fuels (25.1% vs 15.5%). Significant price pressures also came from hotels, cafés and restaurants (6.2% vs 6.2%); health (5% vs 4.8%); food & non-alcoholic beverages (4% vs 3.7%) and housing & utlities (4.3% vs 4.8%). By contrast, prices fell further for communication (-1.1% vs -1%). On a monthly basis, the CPI rose by 0.6%, after a 0.1% increase in the prior month. source: Central Bureau of Statistics, Namibia

Inflation Rate in Namibia increased to 5 percent in August from 4.40 percent in July of 2026. Inflation Rate in Namibia averaged 8.69 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 September of 2026.

Inflation Rate in Namibia increased to 5 percent in August from 4.40 percent in July of 2026. Inflation Rate in Namibia is expected to be 5.30 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 4.00 percent in 2027 and 3.70 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-13 08:00 AM
Inflation Rate YoY
Jul 4.4% 4.4% 4.7%
2026-09-10 07:10 AM
Inflation Rate YoY
Aug 5% 4.4% 4.6%
2026-10-08 08:00 AM
Inflation Rate YoY
Sep 5% 5.3%


Related Last Previous Unit Reference
Consumer Price Index CPI 185.60 184.60 points Aug 2026
CPI Housing Utilities 159.00 159.60 points Aug 2026
CPI Transportation 209.70 202.20 points Aug 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 5.00 4.40 percent Aug 2026
Inflation Rate MoM 0.60 0.10 percent Aug 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
5.00 4.40 20.54 0.94 1973 - 2026 percent Monthly
2012M12=100, NSA

News Stream
Namibia Inflation Rate Quickens 2-1/2-Year High of 5%
Namibia’s annual inflation rate climbed to 5% in August 2026, the highest since February 2024, accelerating from 4.4% in each of the previous two months. The pickup was driven mainly by a sharp increase in transportation costs, with inflation in the category jumping to 13.2% from 9.3% in July, owing to fuels (25.1% vs 15.5%). Significant price pressures also came from hotels, cafés and restaurants (6.2% vs 6.2%); health (5% vs 4.8%); food & non-alcoholic beverages (4% vs 3.7%) and housing & utlities (4.3% vs 4.8%). By contrast, prices fell further for communication (-1.1% vs -1%). On a monthly basis, the CPI rose by 0.6%, after a 0.1% increase in the prior month.
2026-09-10
Namibia Inflation Rate Stable at Near 2-Year High of 4.4%
The annual inflation rate in Namibia stood at 4.4% in July 2026, the highest level since August 2024, unchanged from June. Transportation was the main source of price pressure, rising 9.3%, followed by hotels, cafés and restaurants (6.2%) and recreation and culture (5.6%), while housing & utilities (4.8%) and health (4.8%) also recorded steep increases. Meanwhile, alcoholic beverages and tobacco (2.1%) and clothing and footwear (0.4%) recorded more modest price growth, while communication costs declined by 1%. On a monthly basis, the CPI edged up by 0.1%, after a 0.3% increase in the month before.
2026-08-13
Namibia Inflation Rate Hits Near 2-Year High
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.
2026-07-09