Higher fuel and transport costs continue to put pressure on households

November 11, 2026 3

Namibia’s annual inflation rate, at 5.6% in October, was largely driven by higher transport and food costs. This is according to Standard Bank Namibia’s Group Economist, Helena Mboti. According to the latest economic analysis, transport inflation accelerated to 16.5%, reflecting higher fuel prices and public transport costs. Mboti says the average inflation for this year will reach 4.35% at most but will climb in 2027, bringing little relief to already burdened households.

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