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    “A new platform to represent Botswana,” says Amos on his coaching role in Iran

    “A new platform to represent Botswana,” says Amos on his coaching role in Iran

    Karateka targets international titles

    Botswana gears up for high-stakes Gabs Open karate showdown

    Orange Botswana Awards P390,000 to Historic 4x400m Relay Champions, Coaches & BAA

    Orange Botswana Awards P390,000 to Historic 4x400m Relay Champions, Coaches & BAA

    Eppie’s breakthrough hints at a brighter future for Botswana’s 400m

    Eppie’s breakthrough hints at a brighter future for Botswana’s 400m

    Under Babitseng BFA will be transparent and accountable

    BFA slashes deficit and eyes bright future with financial reform and football revival

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    Sports chief raises alarm over doping spike amid Region 5 triumph

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Namibia: Inflation rose to 4.7% y/y in August

mm by RMB Africa Research
September 13, 2023
in News
Reading Time: 1 min read
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Batsumi ga ba nke ba tlhakanela sekgwa
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NAMIBIA: Headline inflation increased to 4.7 percent y/y (against our 4.6 percent expectation) in August from 4.5 percent in July.

On a month-on-month basis, inflation printed at 0.4 percent. The increase in the headline number was driven by inflationary pressures in the alcohol and tobacco (7.9 percent y/y), hotels, cafes and restaurants (7.8 percent), and clothing and footwear (2.0 percent) categories. Food and non-alcoholic beverage inflation, decreased from 10.5 percent y/y in July to 10.0 percent in August, with lower inflation evident across six of the 12 subcategories.

The transport category remains in deflation (contracting 2.2 percent from a contraction of 2.5 percent in July) as base effects from lower fuel prices remain prominent, following unchanged fuel prices for much of the year. We anticipate upside pressure in inflation for the remainder of the year and we expect inflation to average 5.9 percent y/y this year, ending the year above 5.0 percent.

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