Namibia: Despite an 8% increase in domestic fuel prices between February and March, Namibia’s March inflation print remained unchanged from February at 4.5% y/y. The month-on-month increase in fuel prices was counteracted by a marked slowdown in food prices from 5.4% y/y in February to 4.6% y/y in March, largely owing to disinflation in meat, fish, dairy, sugar, fruit, vegetable and non-alcoholic beverage sub-categories. 

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