WINDHOEK0: The monthly inflation rate for July 2012 was estimated at 1.0 per cent, compared to the June 2012 rate of minus 0.2 (-0.2) per cent.
This was indicated in the Namibia Statistics Agency (NSA)’s Namibia Consumer Price Index (NCPI) of July 2012, released in the capital on Thursday.
“This increase resulted from monthly significant increases recorded in the categories of housing, water, electricity, gas and other fuels (4.0 per cent); food and non-alcoholic beverages (1.5 per cent); recreation and culture (1.0 per cent); furnishings, household equipment and routine maintenance (0.6 per cent),” the report showed.
The All Items Index for July increased by 1.9 percentage points, from 191.3 in June 2012 to 193.2.
The index for food and non-alcoholic beverages for July 2012 increased to 226.3 – representing a monthly increase of 3.3 percentage points from 223.0 recorded in June 2012.
This increase was due to increases recorded in the sub-groups of milk, cheese and eggs (5.8 per cent); vegetables, including potatoes and other tubers (3.3 per cent); oils and fats (2.3 per cent); food (1.5 per cent); mineral water, soft drinks and juices (0.9 per cent), non-alcoholic beverages (0.7 per cent), meat and fish (0.5 per cent) and bread and cereals (0.3 per cent).
The report says the annual inflation rate for July 2012 stood at 6.0 per cent, compared to 4.8 per cent recorded during the same period last year.
The annual inflation rates for the major groups comprising the NCPI were food and non-alcoholic beverages (7.8 per cent); housing, water, electricity, gas and other fuels (7.0 per cent) as well as transport (6.2 per cent).