Namibia’s mining producer prices rose sharply in the third quarter of 2025, with the Mining and Quarrying Index increasing from 96.3 points in Q2 to 120.0 points in Q3.
The Namibia Statistics Agency (NSA) said in its latest Producer Price Index bulletin that this represents a 24.5% quarterly increase and a 20% year-on-year rise, making mining the largest contributor to overall producer price inflation.
The NSA reported that the increase was driven by steep price hikes across key commodities.
Diamonds recorded the biggest jump, rising 57.2% quarter-on-quarter and 27.1% year-on-year.
Gold prices rose 38.4%, while zinc and uranium recorded quarterly increases of 9.8% and 9.3%, respectively.
“Similarly, year-on-year, the index for Mining and Quarrying grew by 20.0 percent in Q3 2025 compared to the same quarter of 2024, increasing from 100.0 basis points in Q3 2024 to 120.0 basis points in Q3 2025. This increase was attributed to a strong growth in the prices of salt (48.7%), gold (38.4%), diamonds (27.1%) and zinc (6.3%),” the report stated.
The NSA said the overall PPI was weighed down by a sharp contraction in electricity prices. The electricity generation, transmission and distribution index fell from 100.0 to 85.8 points, marking a 14.2% quarterly and annual decline.
“This reflects a quarterly decline of 14.2 percent. Similarly, the sector’s index fell by 14.2 percent year-on-year, from 100.0 basis points in Q3 of 2024 to 85.8 basis points in Q3 of 2025,” the bulletin reported.
The NSA noted that mining remains the most volatile and influential component of Namibia’s PPI, due to the economy’s reliance on commodity production and exports.
Strong mineral price movements pushed overall producer prices higher despite weakness in the electricity sector.
