In February 2025, Namibia’s inflation rate rose to 3.6%, the highest in six months, driven by increases in hospitality and food prices. Monthly consumer prices increased by 0.4%, a decrease from the previous month’s 1.1% rise.
In February 2025, Namibia experienced an increase in its annual inflation rate, reaching 3.6%, marking its highest level in six months, up from 3.2% in January. The primary contributors to this inflation rise were the costs associated with hotels, cafes, and restaurants, which recorded a 7.6% increase compared to 8.2% in the previous month, along with food and non-alcoholic beverages, which rose by 5.9% from 5.3%. Additionally, on a month-to-month basis, consumer prices increased by 0.4% in February, a decline from a more significant rise of 1.1% in January.
The rise in Namibia’s inflation rate to 3.6% in February 2025 highlights ongoing inflationary pressures, particularly in hospitality and food sectors. The month-to-month consumer price increase, although lower than previously recorded, indicates persistent inflation concern that may require monitoring by economic authorities.
Original Source: www.tradingview.com
