1. Primary Sector
1.1 Mining Index
The WEI indicates that the diamond index continues with a positive growth of 16.65 % year on year in November 2018. Cutting and polishing revenues increased due to healthy demand, marking a turnaround from prior years.
2. Secondary Sector
2.1 Secondary Sector Index
The construction sector slowed with 9.75% year on year after indicating a strong double digit figure growth for the past four consecutive months. This is a consequence of the holiday season approaching which coincides with the construction holidays.
3. Tertiary Index
3.1 Transport Index
3.1.1 Diesel Sales and Hosea Kutako Arrivals
The diesel index for November 2018 has reflected a negative growth of around 35.44% year on year Although there have been a decline in fuel prices for November the demand remain subdued and it will take a bit of time before it translate in the uptake of transport activity.
3.2 Retail Index
3.2.1 Vehicles and Petrol Sales Index
Vehicle sales and the retail sector is heavily dependent on consumer confidence. Petrol sales has recorded a negative growth of 4.17% year on year.
4. Financial Sector
4.1 Instalment Sales
The Business and Individuals Instalment Sales Index grew with a negative growth of 7.97% and 5.54% year on year. This is a result of the economic downturn as instalments sales for business have been in negative growth since the second quarter of 2017.
4.2 Namibia Stock Exchange
