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. source: Central Bureau of Statistics, Namibia
Inflation Rate in Namibia remained unchanged at 4.40 percent in July. 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 August of 2026.
Inflation Rate in Namibia remained unchanged at 4.40 percent in July. 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 3.90 percent in 2027 and 3.70 percent in 2028, according to our econometric models.