Namibia Inflation Rate

The annual inflation rate in Namibia stood at 4.5 percent in April 2019, unchanged from the previous month. Prices advanced at a slower pace mostly for food & non-alcoholic beverages (5.3% vs 5.8% in March); miscellaneous goods & services (2.2% vs 2.3%) and clothing & footwear (0.6% vs 0.8%). Meanwhile, cost was higher for housing & utilities (2.2% vs 2.1%); transport (7.1% vs 7.0%); alcoholic beverages & tobacco (7.5% vs 6.7%) and furnishings (1.0% vs 0.6%). On a monthly basis, consumer prices went up 0.4 percent, following a 0.2 percent increase in the prior month. Inflation Rate in Namibia averaged 9.41 percent from 1973 until 2019, 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.

Inflation Rate in Namibia is expected to be 5.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Namibia to stand at 5.40 in 12 months time. In the long-term, the Namibia Inflation Rate is projected to trend around 4.80 percent in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	TEForecast
2019-02-14	11:10 AM	Inflation Rate YoY	4.7%	5.1%	4.9%
2019-03-14	11:00 AM	Inflation Rate YoY	4.4%	4.7%	4.5%
2019-04-11	09:45 AM	Inflation Rate YoY	4.5%	4.4%	4.5%
2019-05-15	10:00 AM	Inflation Rate YoY	4.5%	4.5%	4.8%
2019-06-14	08:20 AM	Inflation Rate YoY		4.5%	5.2%
2019-07-12	08:20 AM	Inflation Rate YoY			5.4%
2019-08-15	08:10 AM	Inflation Rate YoY			5.6%

Namibia Prices	Last	Previous	Highest	Lowest	Unit
Inflation Rate	4.50	4.50	20.54	0.94	percent	[+]
Consumer Price Index CPI	137.25	136.76	137.25	2.06	Index Points	[+]
Food Inflation	5.30	5.80	13.20	2.00	percent	[+]
Inflation Rate Mom	0.40	0.20	3.20	-0.30	percent	[+]
Import Prices	127.80	129.00	129.00	84.10	Index Points	[+]
Cpi Housing Utilities	133.94	133.89	135.08	54.71	Index Points	[+]
CPI Transportation	132.98	132.05	137.34	88.70	Index Points	[+]
Export Prices	174.00	161.20	174.00	78.80	Index Points	[+]
GDP Deflator	176.51	165.79	176.51	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 May of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	4.50	4.50	20.54	0.94	1973 - 2019	percent	Monthly	2012M12=100, NSA

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Country	Last		Previous	Range
Argentina	55.80	Apr/19	54.7	20263 : -7	%
Australia	1.30	Mar/19	1.8	23.9 : -1.3	%
Brazil	4.94	Apr/19	4.58	6821 : 1.65	%
Canada	2.00	Apr/19	1.9	21.6 : -17.8	%
China	2.50	Apr/19	2.3	28.4 : -2.2	%
Euro Area	1.70	Apr/19	1.4	5 : -0.6	%
France	1.30	Apr/19	1.1	18.8 : -0.7	%
Germany	2.00	Apr/19	1.3	11.54 : -7.62	%
India	2.92	Apr/19	2.86	12.17 : 1.54	%
Indonesia	2.83	Apr/19	2.48	82.4 : -1.17	%
Italy	1.10	Apr/19	1	25.64 : -0.6	%
Japan	0.50	Mar/19	0.2	24.9 : -2.5	%
Mexico	4.41	Apr/19	4	180 : 2.13	%
Netherlands	2.90	Apr/19	2.8	11.19 : -1.3	%
Russia	5.20	Apr/19	5.3	2333 : 2.2	%
Saudi Arabia	-1.90	Apr/19	-2.1	11.1 : -2.2	%
Singapore	0.60	Mar/19	0.5	34 : -3.1	%
South Africa	4.50	Mar/19	4.1	20.7 : 0.2	%
South Korea	0.60	Apr/19	0.4	32.5 : 0.2	%
Spain	1.50	Apr/19	1.3	28.43 : -1.37	%
Switzerland	0.70	Apr/19	0.7	11.92 : -1.4	%
Turkey	19.50	Apr/19	19.71	139 : -4.01	%
United Kingdom	1.90	Mar/19	1.9	8.5 : -0.1	%
United States	2.00	Apr/19	1.9	23.7 : -15.8	%