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Central bank revises Inflation projections downwards – Windhoek Observer
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Central bank revises Inflation projections downwards – Windhoek Observer
Chamwe Kaira The Bank of Namibia (BoN) has lowered its inflation forecasts for 2025 and 2026 by 0.2 percentage points to 3.6% and 4%, respectively, from its previous projection. BoN governor Johannes !Gawaxab said the revision reflects a stronger exchange rate and a lower oil price outlook. “Risks to the forecast remain exchange rate volatility and potential upticks in administered and oil prices,” he said. Annual inflation averaged 3.6% during
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