The annual inflation rate increased by 7% in November 2022 compared to 4.1% recorded in November 2021, according to the Namibia Statistics Agency. In October 202, annual inflation came in at 7.1%.

The zonal inflation rates revealed that Zone 2 (Khomas) recorded the highest annual inflation rate of 7.9%, followed by Zone 3 (Hardap, Omaheke, ||Karas, and Erongo) at 6.9% and Zone 1 (Kavango East, Kavango West, Kunene, Ohangwena, Omusati, Oshana, Oshikoto, Otjozondjupa, and Zambezi), which recorded an annual inflation rate of 6.4%.

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