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Namibia’s annual inflation rate stood at 3.4% in Dec ‘24, up from 3.0% in Oct and Nov ‘24, but lower than the 5.3% in Dec ‘23. This brings average annual inflation for CY ‘24 to 4.2%, much lower than the 5.9% for ’23 and 6.1% for ’22. Monthly inflation slowed to 0.2% in Dec ‘24, down from the prior two months.