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Consumer Confidence Index dips below 50

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Consumer inflation reached 5.4 percent in September, while fuel prices rose 30 percent year-on-year. The Simonis Storm Consumer Confidence Index fell to a record low of 42.2 in the fourth quarter. The firm forecasts 2 percent economic growth this year and expects inflation to peak at 6.2 percent in March 2027. Future Media News spoke to economist Almandro Jansen.
30 Oct 6AM English Namibia News

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