Inflation in the southern African country rose to 5.4% in September from 4.7% in August
PHOTO
Namibia's central bank kept its main lending rate unchanged at 7.75% on Wednesday.
The decision is the second time in a row that the Bank of Namibia has held its key rate, after a 50 basis point (bps) hike in June and two 25 bps increases earlier in 2023.
Inflation in the southern African country rose to 5.4% in September from 4.7% in August.
(Reporting by Nyasha Nyaungwa; Writing by Bhargav Acharya and Tannur Anders; Editing by Alexander Winning)
Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.
© ZAWYA 2024
