South Africa inflation rises to 4.5% in May, driven by fuel
South Africa's consumer inflation jumped to 4.5% in May from 4% in April, the highest since July 2024, largely driven by fuel price increases of 28.7% annually. As Namibia's biggest trading partner, the development is relevant to local economic conditions; Namibia's trade deficit with South Africa was N$4.4 billion in April.
18 June 2026 · Windhoek Observer →