- 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.
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