Namibia’s headline annual inflation rate stood at 3.5% in September 2025, according to the latest figures released by the Namibia Statistics Agency (NSA).
The main contributors to price growth were increases in the categories of Food and Non-Alcoholic Beverages (6.5%), Alcoholic Beverages and Tobacco (5.2%), and Housing, Water, Electricity, Gas and Other Fuels (2.5%).
“The headline annual inflation rate for September 2025 stood at 3.5%, slightly higher than the 3.4% recorded in September 2024. On a monthly basis, inflation remained constant at 0.0%, consistent with the month-on-month inflation rate recorded in the previous month,” said NSA Statistician-General and CEO, Alex Shimuafeni.
The NSA report highlighted that within the food category, the most significant price increases were recorded for rice (11.6%), milk, cheese and eggs (9.1%), fruits (8.6%), and sugar, jam, honey, syrups, chocolate and confectionery (6.9%). However, consumers experienced some relief as prices for oils and fats fell by 2.8%.
The transport category showed little movement, recording a 0.1% increase, largely due to stable fuel prices. Meanwhile, education costs rose by 3.7% year-on-year, reflecting higher tuition fees at private institutions.
“Annual inflation for the purchase of vehicles accelerated to 4.4% in September 2025, compared to 2.8% registered a year ago,” the report stated.
Regionally, the Khomas Region recorded the lowest inflation rate at 2.9%, while the Zambezi and Omusati regions experienced higher rates of 4.1% and 4.3%, respectively. The NSA attributed these regional differences to varying price movements in food and housing.
Core inflation, which excludes volatile items such as food and fuel, stood at 3.8%, slightly above the headline rate, indicating underlying price pressures in essential goods and services.
Analysts noted that the stable inflation rate reflects a balance between moderating global commodity prices and persistent domestic cost pressures.
