#JustIn: Price monster still retreating
Average inflation last month dropped to its lowest level this year, coming in at 4.4%.
In August 2023, the rate was 4.7%.
Data released by the Namibia Statistics Agency (NSA) today shows average food inflation, however, rose to 5.1% - up from 4.6% in July. A year ago average food inflation was 10.2%.
Transport inflation dropped from 6.7% in July to 6.1% last month. In August 2023, transport inflation was -2.2%.
In August 2023, the rate was 4.7%.
Data released by the Namibia Statistics Agency (NSA) today shows average food inflation, however, rose to 5.1% - up from 4.6% in July. A year ago average food inflation was 10.2%.
Transport inflation dropped from 6.7% in July to 6.1% last month. In August 2023, transport inflation was -2.2%.
