| Inflation rate unchanged at 12% |
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| Friday,October 17,2008 Posted: 17:55 BJT(0955 GMT) |
| From:Namibia Economist Article type:Reproduced |
(Namibia Economist: 17 October – 23October 2008 )
The country’s annual inflation remained at 12% in September, the same as in August, the Central Bureau of Statistics announced this week.
Annual inflation was 6.7% in September last year.
The monthly inflation rate for September was estimated at 0.5%, a decline of 0.2 percentage points over the August 2008 rate of 0.7%, which due to decreases recorded in the Housing, Water, Electricity, Gas and other Fuels, as well as Transport indexes, the Bureau said in an email statement.
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