Namibia Inflation Rate  1973-2017 | Data | Chart | Calendar | Forecast

Consumer prices in Namibia increased 6.7 percent year-on-year in April of 2017, easing from a 7 percent rise in March. It is the lowest inflation rate since April last year, as prices went up at a slower pace for housing and utilities (9.4 percent vs 9.6 percent in March), food (5.8 percent vs 7.3 percent) and miscellaneous goods and services (6.1 percent vs 6.8 percent). In contrast, cost of transport continued to rise ( 6.9 percent vs 6.5 percent). On a monthly basis, consumer prices were up 0.3 percent, after a 0.1 percent increase in March. Inflation Rate in Namibia averaged 9.62 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 Reference Actual Previous Consensus Forecast (i)
2017-03-15 08:40 AM Feb 7.8% 8.2% 8.27%
2017-04-13 09:45 AM Mar 7% 7.8% 8.5%
2017-05-11 09:30 AM Apr 6.7% 7% 6.9%
2017-06-15 09:00 AM May 6.7% 8.6%
2017-07-18 09:00 AM Jun 8.7%
2017-08-11 09:00 AM Jul 8.6%




Namibia Prices Last Previous Highest Lowest Unit
Inflation Rate 6.70 7.00 20.54 0.94 percent [+]
Consumer Price Index CPI 126.76 126.43 126.76 2.06 Index Points [+]
Food Inflation 5.80 7.30 13.20 4.10 percent [+]
Inflation Rate Mom 0.26 0.12 3.20 -0.30 percent [+]
Cpi Transportation 117.36 117.11 117.36 88.70 Index Points [+]


Namibia Inflation Rate Notes

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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
6.70 7.00 20.54 0.94 1973 - 2017 percent Monthly
2012M12=100, NSA



inflation rate by Country

Last
Australia 2.10 Mar/17
Brazil 4.08 Apr/17
Canada 1.60 Apr/17
China 1.20 Apr/17
Euro Area 1.90 Apr/17
France 1.20 Apr/17
Germany 2.00 Apr/17
India 2.99 Apr/17
Indonesia 4.17 Apr/17
Italy 1.90 Apr/17
Japan 0.40 Apr/17
Mexico 5.82 Apr/17
Netherlands 1.60 Apr/17
Russia 4.10 Apr/17
South Korea 1.90 Apr/17
Spain 2.60 Apr/17
Switzerland 0.40 Apr/17
Turkey 11.87 Apr/17
United Kingdom 2.70 Apr/17
United States 2.20 Apr/17