WINDHOEK, July 12 — Namibia’s annual inflation rate for June 2019 declined from 4 percent to 3.9 percent year on year, according to the country’s Statistics Agency (NSA).
NSA’s Statistician-General Alex Shimuafeni on Thursday attributed the consumer price index decline mainly to decreases registered in transport, housing, water, electricity, gas and fuel, health and miscellaneous goods and services.
Shimuafeni said the annual average and monthly average inflation rates from July 2018 to June 2019 stood at 4.6 percent and 0.3 percent respectively. – XINHUA
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