17
Jun
Justicia Shipena Food and non-alcoholic beverages remained the main contributors to price increases in May 2025. This is despite a slowdown in the country’s annual inflation rate to 3.5%. This marks a decline from 4.9% recorded in May 2024 and slightly below April’s rate of 3.6%. Consumer prices rose by 0.2% on a monthly basis, unchanged from April. According to the Namibia Statistics Agency (NSA), the steady rate reflects modest gains in food and alcohol prices, a small rebound in transport costs, and ongoing deflation in housing services. Core inflation stood at 4.1% in May, down from 4.3% in April. …