GMN INTERVIEW | INFLATION AND THE COST OF LIVING - nbc скачать в хорошем качестве

GMN INTERVIEW | INFLATION AND THE COST OF LIVING - nbc

Inflation and the rising cost of living remain important economic issues in Namibia during 2025-2026. Inflation, which is the general increase in prices of goods and services, reduces people's purchasing power and makes everyday necessities more expensive. Although Namibia's inflation rate averaged about 3.5% in 2025 and slowed to around 3.2% toward the end of the year, many households still face high living costs. Key expenses such as housing, electricity, water, transport, and food have continued to increase, with housing and utilities being among the biggest contributors to inflation. Even small price increases can significantly affect families, especially those with lower incomes. Economist Gabriel Erastus shared more.