Namibia Inflation Rate

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.

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Calendar	GMT		Actual	Previous	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	[+]

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

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Country	Last		Previous	Highest	Lowest
Argentina	40.30	Sep/18	34.2	20263	-7	%	Monthly
Australia	1.90	Sep/18	2.1	23.9	-1.3	%	Quarterly
Brazil	4.56	Oct/18	4.53	6821	1.65	%	Monthly
Canada	2.20	Sep/18	2.8	21.6	-17.8	%	Monthly
China	2.50	Oct/18	2.5	28.4	-2.2	%	Monthly
Euro Area	2.20	Oct/18	2.1	5	-0.7	%	Monthly
France	2.20	Oct/18	2.2	18.8	-0.7	%	Monthly
Germany	2.50	Oct/18	2.3	11.54	-7.62	%	Monthly
India	3.31	Oct/18	3.7	12.17	1.54	%	Monthly
Indonesia	3.16	Oct/18	2.88	82.4	-1.17	%	Monthly
Italy	1.60	Oct/18	1.4	25.64	-0.6	%	Monthly
Japan	1.20	Sep/18	1.3	24.9	-2.5	%	Monthly
Mexico	4.90	Oct/18	5.02	180	2.13	%	Monthly
Netherlands	2.10	Oct/18	1.9	11.19	-1.3	%	Monthly
Russia	3.50	Oct/18	3.4	2333	2.2	%	Monthly
Saudi Arabia	2.10	Sep/18	2.2	11.1	-2	%	Monthly
Singapore	0.70	Sep/18	0.7	34	-3.1	%	Monthly
South Africa	4.90	Sep/18	4.9	20.7	0.2	%	Monthly
South Korea	2.00	Oct/18	1.9	32.5	0.2	%	Monthly
Spain	2.30	Oct/18	2.3	28.43	-1.37	%	Monthly
Switzerland	1.10	Oct/18	1	11.92	-1.4	%	Monthly
Turkey	25.24	Oct/18	24.52	139	-4.01	%	Monthly
United Kingdom	2.40	Oct/18	2.4	8.5	-0.1	%	Monthly
United States	2.50	Oct/18	2.3	23.7	-15.8	%	Monthly