Namibia: Inflation Ticks Lower in August

Namibia's inflation slowed to 3.4% in August on the back of a 4% increase in prices seen in July, the latest data by the Namibian Statistics Agency shows.

Transport and food & non-alcoholic beverages accounted for most of the 3.5% increase in prices during the month under review. Inflation of food and non-alcoholic beverages slowed from 6.1% in July to 5.2% in August, while prices for transport decreased by 1.6% in August.

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