14
Nov
Staff Writer The Namibia statistics Agency (NSA) has announced that the October 2020 annual inflation rate slowed to 2.3 percent from 3.0 percent recorded in October 2019. “The slow growth in the annual inflation rate for October 2020 was mainly as a result of declines in the price levels of Clothing and footwear (from 0.9 percent to -6.1 percent); Housing, water, electricity, gas and other fuels (from 1.9 percent to -1.3 percent) and Transport (from 1.5 percent to -1.2 percent), ” NSA Statistician-General & CEO, Alex Shimuafeni said. “Further, prices of the Health category reflected a slowdown in October 2020…