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Namibia Inflation Slows to 3.6%, Giving Central Bank Room to Pause

Windhoek, Namibia © Unsplash
Windhoek, Namibia © Unsplash
  • Monthly prices fall for first time since October
  • Gold reserves, oil discoveries bolster economic outlook

Windhoek – Namibia’s inflation rate eased to 3.6% in April, down from 4.2% in March, offering fresh breathing room to monetary policymakers after two months of rising price pressures. The monthly consumer price index fell 0.2%, reversing a 0.5% increase in March, the Namibian Statistics Agency said on Wednesday.

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