Price monster hungry
14 August 2020 | Economics
Although annual overall inflation in Namibia last month stayed 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) yesterday 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%. Fruit and vegetables remained in double-digit territory, recording rates of 14.7% and 14% respectively. Photo Nampa/Reuters
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