Namibia Economist (Windhoek)
25 April 2008
For some years I have been wondering why we see an annual property inflation rate of around 20% but does not reflect in headline inflation. When headline inflation was running between 4% and 6%, property inflation was outstripping all other categories by between 10% and 15%. But over the last 6 months, we have all too clearly seen what happens when inflated assets start deflating.
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