Namibia Inflation Rate at 4-Month Low

Namibia's annual inflation rate eased slightly to 3.5% in May 2025, the lowest in four months, down from 3.6% in April.

The main downward pressure came from lower inflation for housing and utilities (3.6% vs.

4.1% in April) and a sharper decline in transport costs (-1.3% vs.

-0.3%).

Price growth also moderated for clothing and footwear (1.8% vs.

2.1%), recreation and culture (4.2% vs.

4.6%), and hotels, cafes, and restaurants (4.2% vs.

4.6%).

Conversely, inflation for food and non-alcoholic beverages rose to a one-year high of 5.8%, up from 4.9% in April.

On a monthly basis, consumer prices increased by 0.2% in May, matching the pace of the previous period.