Namibia’s inflation rises to 3.5% driven by transport costs [SOUND]

# Namibia’s headline inflation climbed to 3.5-percent in September from 3.2-percent in August, mainly due to rising transport costs. The Namibia Statistics Agency says vehicle prices rose sharply, ending months of deflation in the sector. Food and housing costs also contributed to inflationary pressure. FNB Namibia economist Helena Mboti noted that transport dynamics continue to shape inflation trends, prompting revised year-end forecasts of 3.5-percent: