Windhoek:Inflation in Namibia has increased to 5.6% in October, rising from 5.4% in September 2026, According to latest consumer price index bulletin released by the Namibia Statistics Agency (NSA). This increase is also a significant jump from 3.6% in October 2025.
According to Namibia Press Agency, the bulletin highlights that prices rose faster on a monthly basis, with a 0.7% increase in October compared to 0.4% in September. Transport costs remain the primary driver of inflation, with a 16.5% increase from the previous year, up from 14.9% in September. Petrol and diesel prices saw a notable rise, being 34.1% higher than a year ago, compared to a 30.4% increase the month before.
The NSA reported that the average cost of petrol in Windhoek in October was N$27.07 per litre. Food prices have also surged, marking a 4.8% increase from the previous year, up from 4.0% in September. Vegetable prices increased by 10.5%, while milk, cheese, and eggs saw a 7.8% rise. Fruit prices slightly decreased to 13.5% from 14.4%.
However, not all sectors are experiencing accelerated price increases. Housing costs, including rent, electricity, and water, decreased to 3.9% from 4.2%. Prices for alcohol and tobacco rose by 2.4%, down from 3.1%. Core inflation, which excludes food and fuel-related items, eased to 3.7%.
Windhoek residents continue to experience significant inflation impacts, with prices rising by 6.2%, unchanged from September. In the //Kharas, Erongo, Hardap, and Omaheke regions, prices increased to 6.1% from 5.8% in September, while northern and north-eastern regions saw a rise to 4.6% from 4.3%. Overall, prices increased by an average of 3.8% over the 12 months to October, compared to 3.7% in the 12 months leading to September.