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The Namibia Statistics Agency (NSA) has reported a continued decline in the country’s Producer Price Index (PPI) during the second quarter of 2025, with a 3.1% drop compared to the previous quarter and a 2.5% decline year-on-year.
The NSA attributed the quarterly decrease mainly to a sharp 9.3% drop in manufacturing prices. On an annual basis, the fall was primarily driven by a 5.1% contraction in prices within the mining and quarrying sector. Despite this year-on-year drop, mining and quarrying saw a quarterly price increase of 4.5%, with the index rising from 92.2 to 96.3 basis points, thanks to notable price gains in salt (29.0%), gold (16.0%), and uranium (8.8%). Manufacturing recorded the steepest quarterly decline, with its index falling by 10.7 points to 103.9, mainly due to significant price decreases in diamond cutting and polishing (-40.5%) and non-metallic mineral products like cement (-29.9%). Annually, the manufacturing sector saw a marginal dip of 0.2%.
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The electricity sector remained stable at 100.0 basis points, showing no price movement quarter-on-quarter or year-on-year. Meanwhile, the water supply sector showed mixed results: a slight quarterly dip of 0.1%, but a 1.0% increase compared to the same quarter in 2024.