namibia consumer price index- november 2019...namibia consumer price index-november 2019. outline of...

By: Mr Sydney Muyaukwa

Statistician: Price Statistics

12 December 2019

NAMIBIA CONSUMER PRICE INDEX-NOVEMBER 2019

Outline of the presentation

• INTRODUCTION

• DEFINITION

• RESULTS OF NOVEMBER 2019 NCPI

• The NCPI population coverage is extended toinclude all Namibian households and is compiledby comparing the prices of the goods andservices with the prices prevailing in December2012.

• It measures the rate at which the prices ofconsumer goods and services are changing frommonth to month, year to year and since lastDecember i.e. inflation.

INTRODUCTION

• CPI IS AN ECONOMIC INDICATOR THAT MONITORS THE MOVEMENTS IN THE LEVEL OF PRICES

• IT TELLS US BY HOW MUCH THE PRICES OF GOODS AND SERVICES IN PERCENTAGES HAVE CHANGED OVER TIME

DEFINITION

RESULTS OF NOVEMBER 2019 NCPI

5.6

2.5

0

1

2

3

4

5

6

Annual Inflation

18-Nov 19-Nov

NCPI: Group annual inflation rate Nov 2018 & 2019

4.7

5.7

-0.4

3.7

2.5

4.8

13.8

1.3

5.1

9.9

2.93.6

2.9 2.71.9 1.9

2.6 2.8

0.1 0.0

4.9

12.0

3.5

2.3

-2.0

0.0

2.0

4.0

6.0

8.0

10.0

12.0

14.0

16.0

Nov-18 Nov-19

NCPI: All items annual inflation from Nov 2018 to Nov 2019

5.6

5.1

4.74.4 4.5 4.5

4.13.9

3.6 3.7

3.33.0

2.5

0.0

1.0

2.0

3.0

4.0

5.0

6.0

Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19

NCPI: Food and selected items inflation for November 2019

2.0 2.02.7 2.9

3.9 3.8

2.9 2.7 2.53.0

4.7

5.7 5.9 5.85.3

4.43.9

3.44.1 4.4

4.0

2.9

-6.0

-4.0

-2.0

0.0

2.0

4.0

6.0

8.0

10.0

12.0

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov

2018 2019

Meat Sugar, jam, honey, syrups, chocolate and confectionery

Bread and cereals Oils and fats

Mineral waters, soft drinks and juices Food and non-alcoholic beverages

National & Zonal Annual Inflation

5.6

5.1

4.74.4 4.5 4.5

4.13.9

3.6 3.7

3.33.0

2.5

5.9

4.8

4.24.1 4.1

3.8

3.33.5

3.33.5

3.02.8

2.2

5.15.0 4.9

4.44.6

5.0

4.1

3.7

3.0 3.1

2.72.5

1.9

6.0 6.1

4.9 4.9 4.9 4.85.1

4.95.1

4.9

4.4

4.1

3.6

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19

National Zone 1 Zone 2 Zone 3

Groups contribution to overall Inflation November 2018 to November 2019

20.6

14.8

21.7

0.3

42.6

FOOD AND NON-ALCOHOLIC BEVERAGES

ALCOHOLIC BEVERAGES AND TOBACCO

HOUSING, WATER, ELECTRICITY, GAS AND OTHER FUELS

TRANSPORT

ALL OTHER GROUPS

Purchasing value of N$ from Dec 2001 to Nov 2019

0.0

0.2

0.4

0.6

0.8

1.0

1.2

Dec

-01

May

-02

Oct

-02

Mar

-03

Au

g-0

3

Jan

-04

Jun

-04

No

v-0

4

Ap

r-0

5

Sep

-05

Feb

-06

Jul-

06

Dec

-06

May

-07

Oct

-07

Mar

-08

Au

g-0

8

Jan

-09

Jun

-09

No

v-0

9

Ap

r-1

0

Sep

-10

Feb

-11

Jul-

11

Dec

-11

May

-12

Oct

-12

Mar

-13

Au

g-1

3

Jan

-14

Jun

-14

No

v-1

4

Ap

r-1

5

Sep

-15

Feb

-16

Jul-

16

Dec

-16

May

-17

Oct

-17

Mar

-18

Au

g-1

8

Jan

-19

Jun

-19

No

v-1

9

N$100.00 N$100.00 N$100.00

2001 2009 2019

Purchasing value of N$ from Dec 2001 to Nov 2019

Next release: December 2019 NCPI : 15 January 2020

FOR MORE INFORMATION

Tel: +264 61 431 3200

Fax: +264 61 431 3253

Email: info@nsa.org.na

www.nsa.org.na

Up-coming NCPI release

Thank you!