Fuel, taxi fare hikes cause inflation speed-wobble

11 October 2018 | Economics

The increases in fuel prices and taxi fares caused overall transport inflation to spike to 12.9% last month, the latest figures by the Namibia Statistics Agency (NSA) shows.
It also resulted in average annual inflation rising from 4.4% in August to 4.8% in September. Overall inflation is still lower than the 5.6% of September 2017.
Overall transport inflation was 9.7% in August and 3.9% last September.

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