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

Namibia's annual consumer inflation was unchanged for the third consecutive month at 7.3 percent in December of 2016. Prices rose further for: food and non-alcoholic beverages (+12.5 percent vs +11.6 percent); transport (+3.9 percent vs +3.7 percent); and furnishings (+7.9 percent vs +7.7 percent). Meanwhile, cost rose at slower pace for: housing and utilities (+7.6 percent vs +7.9 percent in November); alcoholic beverages and tobacco (+5.6 percent vs +6.5 percent); and miscellaneous goods and services (+5.8 percent vs +6.1 percent). On a monthly basis, inflation rate was recorded at 0.2 percent, unchanged from November's level. Inflation Rate in Namibia averaged 9.64 percent from 1973 until 2016, reaching an all time high of 20.54 percent in June of 1992 and a record low of 0.88 percent in May of 2005.

Namibia Inflation Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-11-10 10:15 AM Oct 7.3% 6.9% 6.9%
2016-12-15 08:25 AM Nov 7.3% 7.3% 6.7%
2017-01-12 08:40 AM Dec 7.3% 7.3% 7.5%
2017-02-10 09:00 AM Jan 7.3% 7.35%
2017-03-10 09:00 AM Feb 7.38%
2017-04-14 09:00 AM Mar 7.37%




Namibia Prices Last Previous Highest Lowest Unit
Inflation Rate 7.30 7.30 20.54 0.88 percent [+]
Consumer Price Index CPI 122.10 121.92 122.10 2.06 Index Points [+]
Food Inflation 12.50 11.60 12.50 4.10 percent [+]
Inflation Rate Mom 0.20 0.25 2.40 -0.30 percent [+]
Cpi Transportation 113.97 113.79 114.82 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 January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
7.30 7.30 20.54 0.88 1973 - 2016 percent Monthly
2012M12=100, NSA



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