June inflation climbs, monthly pace cools

Namibia's annual inflation rate accelerated to 4.4% in June, even as monthly price growth slowed sharply, according to the latest figures from the Namibia Statistics Agency (NSA).The annual inflation rate increased from 3.7% recorded in June 2025, while month-on-month inflation eased to 0.3% from 1.2% in May, indicating that prices continued to rise but at a slower pace than in the previous month.The NSA's latest Consumer Price Index (CPI) bulletin also showed core inflation stood at 3.3% in June, remaining below the headline rate and suggesting underlying price pressures were more subdued than the broader inflation measure.The figures present a mixed picture of inflation, with the annual rate continuing to edge higher while the monthly increase moderated.Khomas records highest inflationPrice increases continued to vary significantly across the country.Zone 2, comprising the Khomas Region, recorded the highest annual inflation rate at 5.8%, well above the national average.Zone 3, which includes the //Kharas, Erongo, Hardap and Omaheke regions, registered annual inflation of 4%.Zone 1, covering Kavango East, Kavango West, Kunene, Ohangwena, Omusati, Oshana, Oshikoto, Otjozondjupa and Zambezi, recorded the lowest annual inflation rate at 3.3%.The regional differences suggest households in Khomas continued to face stronger cost-of-living pressures than those in other parts of the country.Annual inflation outpaces core pricesHeadline inflation measures changes in the prices consumers pay for a broad basket of goods and services, while core inflation excludes more volatile price movements to provide a clearer indication of underlying inflation trends.With core inflation at 3.3%, below the headline rate of 4.4%, the latest data indicate that the strongest price increases were concentrated in specific categories rather than being broad-based across the economy.

June inflation climbs, monthly pace cools

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Namibian Sun 2026-07-13

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June inflation climbs, monthly pace cools

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Namibian Sun 2026-07-13

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