Namibia’s Inflation Eases to 3.2% in January

• Annual inflation declines to 3.2% from December’s 3.4%
• Stable monetary policy and economic projections suggest cautious optimism

Namibia’s inflation rate eased in January, with the annual figure dropping to 3.2% from 3.4% in December, according to the Namibia Statistics Agency’s latest consumer price index data released on Thursday. The decrease was largely driven by lower prices in food, non-alcoholic beverages, housing, electricity, and gas, with a notable drop in dairy products.