- Annual inflation slowed to 3.2% from 3.4% in December, driven by lower food and energy costs
- Month-on-month inflation rose to 1.1%, largely due to higher housing and utilities prices
Namibia’s consumer inflation eased in January, with the annual rate declining to 3.2% from 3.4% in December, according to data from the Namibia Statistics Agency. The drop was supported by lower prices in food, non-alcoholic beverages, housing, electricity, and gas, particularly a notable reduction in milk product prices.
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