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NCPI Note February 2023

NCPI Note February 2023

Namibia’s annual inflation for Feb ’23 increased to 7.2%, up from 4.5% in Feb ’22 and 7.0% in Jan ’23 – also the highest since the 7.3% in Aug ’22. Food and non-alcoholic beverages continue to contribute the most to inflation. Monthly inflation decelerated to 0.4% in Feb ’23 from 1.1% in Jan ’23.

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