Cost of food in Namibia increased 6.60 percent in May of 2022 over the same month in the previous year. source: Namibia Statistics Agency
Food Inflation in Namibia averaged 6.40 percent from 2012 until 2022, reaching an all time high of 13.20 percent in January of 2017 and a record low of 1.70 percent in December of 2019. This page provides the latest reported value for - Namibia Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Namibia Food Inflation - values, historical data and charts - was last updated on June of 2022.
Food Inflation in Namibia is expected to be 6.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Namibia Food Inflation is projected to trend around 5.00 percent in 2023 and 4.70 percent in 2024, according to our econometric models.