Food inflation heats up

Jo-Maré Duddy - Although annual overall inflation in Namibia last month remained unchanged at 2.1%, annual overall food inflation increased to 6.2% - up from 4.9% in June and 3.7% in July 2019.
Figures released by the Namibia Statistics Agency (NSA) this morning show meat inflation rising from 8% in June to 10.6%. A year ago the rate was -0.9%. Bread and cereals rose from -1.1% to 1.2%.
Overall transport inflation in July came in at -1.2% compared to -0.8% the previous month and 6.9% in July 2019.