The annual inflation rate in Namibia rose for the second month to 4.1% in May 2026, up from 3.1% in April and marking the highest since March 2025. The main upward pressure came from prices of transportation (11.5% vs 5% in April); housing & utilities (4.9% vs 4%) and restaurants & hotels (4.8% vs 4.9%). At the same time, food inflation stood at 2%, the same level as in the prior month, with fruit (12.4%), vegetables (4.9%) and meat (3.5%) registering the biggest increases. On a monthly basis, the CPI rose by 1.2% in May, after a 1.1% increase in the previous month. source: Central Bureau of Statistics, Namibia

Inflation Rate in Namibia increased to 4.10 percent in May from 3.10 percent in April of 2026. Inflation Rate in Namibia averaged 8.71 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 June of 2026.

Inflation Rate in Namibia increased to 4.10 percent in May from 3.10 percent in April of 2026. Inflation Rate in Namibia is expected to be 3.70 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 3.60 percent in 2027 and 3.40 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-12 08:00 AM
Inflation Rate YoY
Apr 3.1% 2.1% 2.4%
2026-06-11 08:00 AM
Inflation Rate YoY
May 4.1% 3.1% 3.5%
2026-07-10 08:25 AM
Inflation Rate YoY
Jun 4.1% 3.7%


Related Last Previous Unit Reference
Consumer Price Index CPI 183.90 181.70 points May 2026
CPI Housing Utilities 158.40 158.30 points May 2026
CPI Transportation 207.90 195.60 points May 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 4.10 3.10 percent May 2026
Inflation Rate MoM 1.20 1.10 percent May 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
4.10 3.10 20.54 0.94 1973 - 2026 percent Monthly
2012M12=100, NSA

News Stream
Namibia Inflation Rate at Over 1-Year High of 4.1%
The annual inflation rate in Namibia rose for the second month to 4.1% in May 2026, up from 3.1% in April and marking the highest since March 2025. The main upward pressure came from prices of transportation (11.5% vs 5% in April); housing & utilities (4.9% vs 4%) and restaurants & hotels (4.8% vs 4.9%). At the same time, food inflation stood at 2%, the same level as in the prior month, with fruit (12.4%), vegetables (4.9%) and meat (3.5%) registering the biggest increases. On a monthly basis, the CPI rose by 1.2% in May, after a 1.1% increase in the previous month.
2026-06-11
Namibia Inflation Rate Rises to 3.1%
The annual inflation rate in Namibia increased to 3.1% in April 2026, the highest in four months, compared to 2.1% in March which was the lowest level since July 2020. The largest upward pressure came from cost of housing and utilities (4.4% vs 4.1%), mostly electricity, gas and other fuels (4% vs 1.5%) and rental payments for dwellings (4.7% vs 4.6%). Transport prices also rebounded (5% vs -1.7%), with cost of operation of personal transport equipment recording an increase of 7.3% and petrol/diesel rising 10.3%. Prices of food and non-alcoholic beverages also accelerated (2% vs 1.7%), with fruit (10.9%), coffee, tea and cocoa (4.6%), meat (3.8%) and vegetables (3.7%) recording the biggest increases. Prices also went up for alcoholic beverages and tobacco (1.8% vs 1.9%). Compared to the previous month, the CPI rose 1.1%, the most since January 2025, after a 0.2% rise in March.
2026-05-12
Namibia Inflation Rates Slows for 5th Month
The annual inflation rate in Namibia eased to 2.1% in March 2026, the lowest since July 2020, from 2.4% in the prior month, marking a fifth consecutive month of slowdown. The moderation in price growth was largely driven by alcoholic beverages and tobacco (1.9% vs 3.4% in February); hotels, cafes & restaurants (3.7% vs 4.8%) and communications (-1.4% vs -1.6%). Transportation prices also continued to fall (-1.7% vs -1%). To mitigate the effects of Middle East tensions on consumers, Namibia’s government has implemented a temporary fuel levy reduction, cutting levies by 50% for three months starting 1 April 2026. On a monthly basis, consumer prices went up by 0.2%, after being flat in the previous month.
2026-04-09