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By: Mr Sydney Muyaukwa Statistician: Price Statistics 12 December 2019 NAMIBIA CONSUMER PRICE INDEX- NOVEMBER 2019

NAMIBIA CONSUMER PRICE INDEX- NOVEMBER 2019...NAMIBIA CONSUMER PRICE INDEX-NOVEMBER 2019. Outline of the presentation •INTRODUCTION •DEFINITION •RESULTS OF NOVEMBER 2019 NCPI

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Page 1: NAMIBIA CONSUMER PRICE INDEX- NOVEMBER 2019...NAMIBIA CONSUMER PRICE INDEX-NOVEMBER 2019. Outline of the presentation •INTRODUCTION •DEFINITION •RESULTS OF NOVEMBER 2019 NCPI

By: Mr Sydney Muyaukwa

Statistician: Price Statistics

12 December 2019

NAMIBIA CONSUMER PRICE INDEX-NOVEMBER 2019

Page 2: NAMIBIA CONSUMER PRICE INDEX- NOVEMBER 2019...NAMIBIA CONSUMER PRICE INDEX-NOVEMBER 2019. Outline of the presentation •INTRODUCTION •DEFINITION •RESULTS OF NOVEMBER 2019 NCPI

Outline of the presentation

• INTRODUCTION

• DEFINITION

• RESULTS OF NOVEMBER 2019 NCPI

Page 3: NAMIBIA CONSUMER PRICE INDEX- NOVEMBER 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

Page 4: NAMIBIA CONSUMER PRICE INDEX- NOVEMBER 2019...NAMIBIA CONSUMER PRICE INDEX-NOVEMBER 2019. Outline of the presentation •INTRODUCTION •DEFINITION •RESULTS OF NOVEMBER 2019 NCPI

• 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

Page 5: NAMIBIA CONSUMER PRICE INDEX- NOVEMBER 2019...NAMIBIA CONSUMER PRICE INDEX-NOVEMBER 2019. Outline of the presentation •INTRODUCTION •DEFINITION •RESULTS OF NOVEMBER 2019 NCPI

RESULTS OF NOVEMBER 2019 NCPI

5.6

2.5

0

1

2

3

4

5

6

Annual Inflation

18-Nov 19-Nov

Page 6: NAMIBIA CONSUMER PRICE INDEX- NOVEMBER 2019...NAMIBIA CONSUMER PRICE INDEX-NOVEMBER 2019. Outline of the presentation •INTRODUCTION •DEFINITION •RESULTS OF NOVEMBER 2019 NCPI

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

Page 7: NAMIBIA CONSUMER PRICE INDEX- NOVEMBER 2019...NAMIBIA CONSUMER PRICE INDEX-NOVEMBER 2019. Outline of the presentation •INTRODUCTION •DEFINITION •RESULTS OF NOVEMBER 2019 NCPI

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

Page 8: NAMIBIA CONSUMER PRICE INDEX- NOVEMBER 2019...NAMIBIA CONSUMER PRICE INDEX-NOVEMBER 2019. Outline of the presentation •INTRODUCTION •DEFINITION •RESULTS OF NOVEMBER 2019 NCPI

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

Page 9: NAMIBIA CONSUMER PRICE INDEX- NOVEMBER 2019...NAMIBIA CONSUMER PRICE INDEX-NOVEMBER 2019. Outline of the presentation •INTRODUCTION •DEFINITION •RESULTS OF NOVEMBER 2019 NCPI

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

Page 10: NAMIBIA CONSUMER PRICE INDEX- NOVEMBER 2019...NAMIBIA CONSUMER PRICE INDEX-NOVEMBER 2019. Outline of the presentation •INTRODUCTION •DEFINITION •RESULTS OF NOVEMBER 2019 NCPI

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

Page 11: NAMIBIA CONSUMER PRICE INDEX- NOVEMBER 2019...NAMIBIA CONSUMER PRICE INDEX-NOVEMBER 2019. Outline of the presentation •INTRODUCTION •DEFINITION •RESULTS OF NOVEMBER 2019 NCPI

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

Page 13: NAMIBIA CONSUMER PRICE INDEX- NOVEMBER 2019...NAMIBIA CONSUMER PRICE INDEX-NOVEMBER 2019. Outline of the presentation •INTRODUCTION •DEFINITION •RESULTS OF NOVEMBER 2019 NCPI

Next release: December 2019 NCPI : 15 January 2020

FOR MORE INFORMATION

Tel: +264 61 431 3200

Fax: +264 61 431 3253

Email: [email protected]

www.nsa.org.na

Up-coming NCPI release

Page 14: NAMIBIA CONSUMER PRICE INDEX- NOVEMBER 2019...NAMIBIA CONSUMER PRICE INDEX-NOVEMBER 2019. Outline of the presentation •INTRODUCTION •DEFINITION •RESULTS OF NOVEMBER 2019 NCPI

Thank you!