Inflation slowing down significantly

Namibia’s headline consumer inflation braked to 4.9% year-on-year in October, compared with a revised 5.4% in September, the statistics office said yesterday. Namibia rebased its consumer price index basket yesterday, using an updated household income and expenditure survey. On a month-on-month basis CPI quickened to 0.4% from 0.3% in September.

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