Namibia: Annual inflation in October steady at 7.1%
The annual inflation rate measured monthly, was 7.1% higher in October 2022 than in October 2021 when it stood at 3.6%.
Namibia
Namibia projects inflation to hit 6.1% in 2022
Namibia's overall inflation for 2022 is now projected to average 6.1 percent, up from 5.8 percent initially projected, Governor of Bank of Namibia, the central bank, Johannes Gawaxab said Wednesday.
Namibia Central Bank increases repo rate to 5.50%
The central bank’s Monetary Policy Committee (MPC) decided to raise the repo rate by 75 basis points from 4.75 to 5.50%.
Fitch Downgrades Namibia to 'BB-'; Outlook Stable
Fitch Ratings has downgraded Namibia's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'BB-' from 'BB'. The Outlook is Stable.
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