国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

Namibia's economy expected to remain weak in 2018: central bank

Source: Xinhua| 2018-12-05 22:20:57|Editor: mym
Video PlayerClose

WINDHOEK, Dec. 5 (Xinhua) -- Namibia's central bank said Wednesday that it expects the domestic economy to remain weak for 2018 as a whole.

Bank of Namibia governor Ipumbu Shiimi said in a monetary policy announcement that domestic economic activity remained weak during the first 10 months of 2018, although some sectors showed signs of improvement.

"Activity in sectors such as agriculture and wholesale and retail trade continued to decline, although there were notable improvements in sectors such as mining, transport, and communication as well as manufacturing," he noted.

Shiimi said annual inflation fell to an average of 4.1 percent for the first 10 months of 2018 from 6.4 percent in the corresponding period of 2017.

"Since the previous policy meeting, however, inflation has been trending upward from 4.4 percent in August 2018 to 4.8 percent in September and 5.1 percent in October, mainly due to rising fuel prices," he added.

According to Shiimi, recent declines in fuel prices, however, suggest that the risk of further upward pressure on inflation from this source has been reduced considerably.

Meanwhile, overall inflation is estimated to average around 4.3 percent in 2018 and projected at 5.4 percent for 2019.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001376533531
主站蜘蛛池模板: 临邑县| 长岛县| 新晃| 特克斯县| 宣汉县| 武平县| 垣曲县| 九龙坡区| 柳江县| 涟源市| 华阴市| 长汀县| 哈巴河县| 龙州县| 岳普湖县| 体育| 建瓯市| 博白县| 辉南县| 泰和县| 三河市| 衢州市| 石阡县| 青海省| 平山县| 汤阴县| 安阳县| 平湖市| 嘉祥县| 延寿县| 呼玛县| 永嘉县| 西乡县| 文山县| 贵州省| 连江县| 陵川县| 洪江市| 安平县| 兰西县| 和平县|