Cheaper fuel brings inflation relief
Overall annual inflation in January was 4.7%, down from 5.1% the previous month.
The decrease was due to a huge drop in overall transport inflation – from 10.9% in December to 7.3% last month. Inflation for the operation of personal transport equipment – which includes the fuel price – fell from 10.5% to 4.8%.
Figures released by the Namibia Statistics Agency (NSA) today show overall food inflation rose from 5.4% in December to 6.1% last month.
The decrease was due to a huge drop in overall transport inflation – from 10.9% in December to 7.3% last month. Inflation for the operation of personal transport equipment – which includes the fuel price – fell from 10.5% to 4.8%.
Figures released by the Namibia Statistics Agency (NSA) today show overall food inflation rose from 5.4% in December to 6.1% last month.
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Namibian Sun
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