10
Apr
Martin Endjala Namibia is currently experiencing a more rapid slowdown in annual inflation than anticipated. This was said on Tuesday by an economic researcher at Simonis Storm Securities, Halleluya Ndimulunde who was responding to the recently released economic outlook report, stating that this marks a deceleration from the 7.2% recorded in March 2023 and 5.0% in February 2024. In March 2024 the country saw an annual inflation rate of 4.5%, the lowest since July 2023. “Monthly inflation remained unchanged, consistent with the rate reported in the previous month (0.0 %). The primary contributor to headline inflation remains the food and…
