ANNUAL inflation reached 6,6% in January, higher than the 6,3% of December, but lower than the 7,6% of November.
The latest Consumer Price Index (CPI), released by the Namibia Statistics Agency (NSA) yesterday, showed that annual food inflation for January was 8%. Big drivers of food inflation were fish (10,7%), oils and fats (11,5%), vegetables (12,1%) and fruit (9,6%).
Annual inflation for alcoholic drinks stood at 11,2%, while that of tobacco was 6%.
Housing, water, electricity and gas annual inflation was 8,3%, mainly driven by inflation for electricity, gas and other fuels which reached 12,5%.
Annual transport inflation was 6,4%. This was fuelled by annual inflation for public transport (18,5%) and the operation of personal transport equipment (11,3%), which includes petrol and diesel prices.