Namibia Inflation Rate  1973-2018 | Data | Chart | Calendar | Forecast

The consumer price index in Namibia increased 5.2 percent year-on-year in December of 2017, unchanged from the previous month. It remains the lowest inflation rate since December of 2015, as prices slowed for food & non-alcoholic beverages (2.4 percent vs 3 percent in November), mainly due to decreases in cost of bread and cereals (-4.7 percent) and oils and fats (-1.6 percent). Additionally, prices grew less for alcoholic beverages & tobacco (4.6 percent vs 5.4 percent); recreation & culture (1.9 percent vs 2.3 percent) and hotels & restaurants (5.5 percent vs 6.7 percent). On the other hand, cost rose faster for housing & utilities (9.2 percent vs 8.6 percent) and transport (6.7 percent vs 6.1 percent). Meantime, prices remained high for education (7.8 percent, the same as in November). On a monthly basis, consumer prices went up 0.2 percent, easing slightly from a 0.3 percent increase in November. Inflation Rate in Namibia averaged 9.56 percent from 1973 until 2017, 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.

Namibia Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-11-15 08:30 AM Inflation Rate YoY 5.2% 5.6% 5.7%
2017-12-14 08:25 AM Inflation Rate YoY 5.2% 5.2% 5.4%
2018-01-11 08:00 AM Inflation Rate YoY 5.2% 5.2% 5.4%
2018-02-15 08:50 AM Inflation Rate YoY 5.30%
2018-03-15 08:40 AM Inflation Rate YoY 5.30%
2018-04-13 09:45 AM Inflation Rate YoY 5.40%


Namibia Prices Last Previous Highest Lowest Unit
Inflation Rate 5.20 5.20 20.54 0.94 percent [+]
Consumer Price Index CPI 128.43 128.23 128.43 2.06 Index Points [+]
Food Inflation 2.40 3.00 13.20 2.40 percent [+]
Inflation Rate Mom 0.16 0.26 3.20 -0.30 percent [+]
CPI Transportation 121.62 120.73 121.62 88.70 Index Points [+]


Namibia Inflation Rate

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 January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
5.20 5.20 20.54 0.94 1973 - 2017 percent Monthly
2012M12=100, NSA




inflation rate by Country
Country Last
Australia 1.80 Sep/17
Brazil 2.95 Dec/17
Canada 2.10 Nov/17
China 1.80 Dec/17
Euro Area 1.40 Dec/17
France 1.20 Dec/17
Germany 1.70 Dec/17
India 5.21 Dec/17
Indonesia 3.61 Dec/17
Italy 0.90 Dec/17
Japan 0.60 Nov/17
Mexico 6.77 Dec/17
Netherlands 1.30 Dec/17
Russia 2.50 Dec/17
South Korea 1.50 Dec/17
Spain 1.10 Dec/17
Switzerland 0.80 Dec/17
Turkey 11.92 Dec/17
United Kingdom 3.00 Dec/17
United States 2.10 Dec/17


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