The annual inflation rate in Namibia edged down to 2.9% in January 2026, the lowest level since February 2021, from 3.2% in December. This marked the third consecutive month of slowing inflation, mainly on account of food & non-alcoholic beverages (1.9% vs 2.6% in December); education (2.4% vs 4.3%); hotels, cafes & restaurants (3.6% vs 4.2%); recreation & culture (3.7% vs 4.3%) and miscellaneous goods & services (1.5% vs 2.8%). In the meantime, communication prices decreased 1.4%, after a 0.4% rise in the month before. On a monthly basis, the CPI rose by 0.8%, accelerating from a 0.1% increase in the prior month. source: Central Bureau of Statistics, Namibia

Inflation Rate in Namibia decreased to 2.90 percent in January from 3.20 percent in December of 2025. Inflation Rate in Namibia averaged 8.74 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 February of 2026.

Inflation Rate in Namibia decreased to 2.90 percent in January from 3.20 percent in December of 2025. Inflation Rate in Namibia is expected to be 4.00 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 3.20 percent in 2027 and 2.70 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-08 08:05 AM
Inflation Rate YoY
Dec 3.2% 3.4% 3.6%
2026-02-12 08:00 AM
Inflation Rate YoY
Jan 2.9% 3.2% 3.4%
2026-03-12 08:00 AM
Inflation Rate YoY
Feb 2.9%


Related Last Previous Unit Reference
Consumer Price Index CPI 179.40 178.00 points Jan 2026
CPI Housing Utilities 157.90 155.70 points Jan 2026
CPI Transportation 186.30 186.20 points Jan 2026
Export Prices 161.40 158.00 points Dec 2024
GDP Deflator 155.64 150.74 points Dec 2024
Import Prices 122.30 121.70 points Dec 2024
Inflation Rate YoY 2.90 3.20 percent Jan 2026
Inflation Rate MoM 0.80 0.10 percent Jan 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
2.90 3.20 20.54 0.94 1973 - 2026 percent Monthly
2012M12=100, NSA

News Stream
Namibia Inflation Rate Ebbs to 2021-Lows
The annual inflation rate in Namibia edged down to 2.9% in January 2026, the lowest level since February 2021, from 3.2% in December. This marked the third consecutive month of slowing inflation, mainly on account of food & non-alcoholic beverages (1.9% vs 2.6% in December); education (2.4% vs 4.3%); hotels, cafes & restaurants (3.6% vs 4.2%); recreation & culture (3.7% vs 4.3%) and miscellaneous goods & services (1.5% vs 2.8%). In the meantime, communication prices decreased 1.4%, after a 0.4% rise in the month before. On a monthly basis, the CPI rose by 0.8%, accelerating from a 0.1% increase in the prior month.
2026-02-12
Namibia Inflation Rate Softens to 4-Month Low of 3.2%
The annual inflation rate in Namibia eased for the second month to 3.2% in December 2025, the softest since August, compared to November's 3.4%. Prices continued to slow down for some CPI categories, notably food & non-alcoholic beverages (2.6% vs 3.9% in November); hotels, cafes & restaurants (4.2% vs 4.8%) and alcoholic beverages & tobacco (3.7% vs 3.9%). On the other hand, prices accelerated mostly for housing & utilities (4.5% vs 4.1%) and recreation & culture (4.3% vs 3.8%). On a monthly basis, the CPI edged up 0.1% in December, after being flat in the previous month.
2026-01-08
Namibia Inflation Rate Slows to 3.4% in November
The annual inflation rate in Namibia eased to 3.4% in November 2025 from a four-month high of 3.6% in the prior month. Prices slowed down for some CPI categories, including food & non-alcoholic beverages (3.9% vs 4.6% in October), notably bread & cereals (0.5% vs 2.9%) and vegetables (2.8% vs 5.7%); alcoholic beverages & to bacco (3.9% vs 4.6%); hotels, cafes & restaurants (4.8% vs 5%) and recreation & culture (3.8% vs 4%), among others. Meanwhile, inflation remained steady for education (at 4.3%) and housing & utilities (at 4.1%). On a monthly basis, consumer prices were flat in November, after a 0.5% increase in the prior month.
2025-12-04