August inflation a bitter fruit

16 September 2020 | Economics

Although annual overall inflation of 2.4% last month was below the 3.7% of a year ago, overall food inflation is starting to heat up. According to the Namibia Statistics Agency (NSA), overall food inflation in August was 7.2%, up from 6.2% the previous month and 4.3% in August 2019. At 18.1%, fruit inflation was the highest in the food basket. Basic food – bread and cereals – recorded a figure of 3.4%, the highest so far this year. Photo Nampa/AP

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