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NCPI Note November 2022

NCPI Note November 2022

Namibia's annual inflation slowed marginally to 7.0% in Nov ‘22 from 7.1% in Sep ’22 and Oct ’22. The main contributors were transport and food & non-alcoholic beverages, altogether accounting for 4.5%pts. These two lines have driven the higher inflation in ’22. Monthly inflation accelerated to 0.5% from 0.2% in Oct ’22, as a result of the large diesel price increase that month.

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