The Namibia Statistics Agency (NSA) has reported that the overall Producer Price Index (PPI) for production continued to decline in the second quarter of 2025, dropping by 3.1% quarter-on-quarter and contracting by 2.5% year-on-year.
According to the NSA, the quarterly fall was “mainly emanated from falling prices of Manufacturing products (-9.3%) quarter on quarter,” while the annual decrease was “mostly reflected in the prices of products from the Mining and quarrying sector (-5.1%).”
Despite the annual contraction, the mining and quarrying sector posted quarterly growth of 4.5%, with the index rising to 96.3 basis points in Q2 2025 from 92.2 in Q1 2025.
This was driven by price gains in salt (29.0%), gold (16.0%) and uranium (8.8%).
“The year-on-year analysis saw the index for Mining and Quarrying declining by 5.1% in Q2 2025 compared to the same quarter of 2024, falling from 101.5 basis points to 96.3 basis points,” the agency said.
Manufacturing recorded the sharpest quarterly drop, falling by 10.7 basis points to 103.9, down from 114.6 in the previous quarter. The NSA attributed this largely to steep price declines in diamond cutting and polishing (-40.5%) and non-metallic mineral products such as cement (-29.9%).
“On the year-on-year basis, the Manufacturing index saw slight decline of 0.2 percent, dropping to 103.9 basis points in this quarter when compared to 104.1 basis recorded in the corresponding quarter of 2024,” it noted.
The electricity generation, transmission and distribution sector remained unchanged at 100.0 basis points, showing 0.0% growth on both a quarterly and annual basis.
“During the period of review, the Electricity Generation, transmission and distribution index remained constant at 100.0 basis points, showing a 0.0% growth since Q3 2024,” the NSA said.
The water collection, treatment and supply sector showed mixed performance.
“On a quarterly basis the index dropped by -0.1% to 101.0 basis points from 101.1 basis points recorded in the previous quarter, while on year-on-year terms the index increased to 101.0 basis points from 100.0 basis points registered in the same quarter in 2024 showing a price growth of 1.0 percent,” the NSA reported.
