{"id":401797,"date":"2026-10-03T08:00:00","date_gmt":"2026-10-03T06:00:00","guid":{"rendered":"https:\/\/informante.web.na\/?p=401797"},"modified":"2026-10-02T21:25:21","modified_gmt":"2026-10-02T19:25:21","slug":"monthly-economic-update-september-2026","status":"publish","type":"post","link":"https:\/\/informante.web.na\/?p=401797","title":{"rendered":"Monthly Economic Update \u2013 September 2026"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Growth Surprises at 4.8%, but Not From Mining<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Q2 print has arrived and it overturns last month&#8217;s story. Real GDP grew 4.8% year-on-year in the second quarter, up from 1.7% a year earlier, and Q1 was revised up to 3.1%. Services expanded 6.1%, agriculture 17.8% on good rains, and wholesale and retail trade 9%. Mining contracted 3.1%, with uranium down 12.0%, and exports grew only 0.3% against import growth of 12.9%. The Bank of Namibia&#8217;s 2.1% forecast for 2026 now looks conservative. &#8220;We said in August that the recovery was losing altitude, and the data has corrected us,&#8221; says Pieter De Klerk, CEO of Covest Wealth. &#8220;But look at what grew: rain, retail and a weak base. Mining shrank again and exports stood still. Growth built on consumption and good weather has to be earned again every quarter.&#8221;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Inflation Breaks 5%; the SARB Moves First<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Headline inflation rose to 5.0% in August from 4.4% in July, with prices up 0.6% on the month, the highest reading since February 2024. Transport inflation reached 13.2% and contributed 2.0 percentage points of the total. Food inflation stood at 4.0%, down from 5.2% a year earlier, and core inflation at 3.8%. On 23 September the South African Reserve Bank unanimously raised its policy rate by 25 basis points to 7.25%. Namibia&#8217;s repo rate remains at 6.75% and prime at 10.25%. &#8220;The plateau lasted one month,&#8221; says De Klerk. &#8220;Core at 3.8% still says this is a fuel story, not a demand story, but the Bank&#8217;s 4.0% forecast for the year is now out of reach. With the SARB at 7.25%, our repo rate sits 50 basis points below the anchor. At the 26\u201327 October meeting, a hold is the decision that would need explaining.&#8221;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Fuel: Pressure Still Building<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">September&#8217;s increase left petrol at N$25.08 at Walvis Bay and diesel at N$27.86 and N$27.96, and none of it is yet in the inflation numbers. The October review had not been announced at the time of writing, but the direction is not in doubt: Brent crude is above US$100 a barrel, and South Africa is on course for increases of around R3 per liter on both petrol and diesel from 7 October. On supply, a TotalEnergies-led group replaces Vitol from November at an average discount of 63.85 cents per liter. &#8220;A competitive tender and a discount are the right way to buy fuel, and government deserves credit for that,&#8221; says De Klerk. &#8220;But 64 cents does not offset oil above US$100. The question for October is how much of the gap the National Energy Fund absorbs and how much reaches the pump.&#8221;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Credit Slips to 4.2% as Corporates Repay<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Private sector credit growth slowed to 4.2% year-on-year in July from 4.5% in June, and the loan book fell by N$340 million to N$125.1 billion, the first monthly contraction since October 2025. The weakness was corporate: business credit declined by N$778.7 million and annual growth eased to 3.7% from 4.5%. Household credit growth edged up to 4.6%, with household mortgage growth at 2.4%, the fastest since December 2023, while overdraft growth cooled to 8.9% from 12.5%. In real terms, private sector credit contracted by 0.2%. &#8220;Households are still borrowing for houses and leaning less on overdrafts, which is the right mix,&#8221; says De Klerk. &#8220;Corporates are doing the opposite of what a 4.8% economy would suggest: repaying, not investing. Credit growing slower than prices is an economy that is cautious, not one that is overheating.&#8221;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Trade Gap Widens Further; Reserves Hold at N$58 Billion<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The trade deficit widened to N$5.9 billion in July as exports fell 17.2% on the month to N$10.7 billion against imports of N$16.5 billion; a year earlier the account showed a small surplus. Imports eased 9.7% from June&#8217;s record but were 31.5% higher than in July 2025, and petroleum oils alone accounted for N$2.2 billion of the deficit. International reserves nonetheless rose 2.9% to N$58.0 billion at end-July, 3.6 months of import cover, on SACU receipts and foreign currency placements by commercial banks. &#8220;Last month it was record imports; this month exports fell N$2 billion as well,&#8221; says De Klerk. &#8220;Reserves at N$58 billion mean the peg is not in question, but SACU receipts are doing the work that exports should be doing. That is a cushion, not a strategy.&#8221;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Conclusion<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8220;September delivered a growth surprise and an inflation surprise in the same month,&#8221; says De Klerk. &#8220;The arithmetic has tightened: prime at 10.25% against inflation at 5.0% is a gap of just over five percentage points, down from nearly six a month ago. Yields remain well ahead of inflation, but the margin is no longer widening. The response to a month like this is not to chase or retreat, but to review whether a portfolio still fits the investor&#8217;s own time horizon. That conversation is best had with an adviser.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Growth Surprises at 4.8%, but Not From Mining The Q2 print has arrived and it overturns last month&#8217;s story. Real GDP grew 4.8% year-on-year in the second quarter, up from 1.7% a year earlier, and Q1 was revised up to 3.1%. Services expanded 6.1%, agriculture 17.8% on good rains, and wholesale and retail trade 9%. &#8230;<\/p>\n","protected":false},"author":10,"featured_media":401798,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25,24],"tags":[],"class_list":["post-401797","post","type-post","status-publish","format-standard","has-post-thumbnail","category-editorial","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Monthly Economic Update \u2013 September 2026 - Informant\u00e9<\/title>\n<meta name=\"description\" content=\"The Q2 print has arrived and it overturns last month&#039;s story. Real GDP grew 4.8% year-on-year in the second quarter, up from 1.7% a year...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/informante.web.na\/?p=401797\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Monthly Economic Update \u2013 September 2026 - Informant\u00e9\" \/>\n<meta property=\"og:description\" content=\"The Q2 print has arrived and it overturns last month&#039;s story. Real GDP grew 4.8% year-on-year in the second quarter, up from 1.7% a year...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/informante.web.na\/?p=401797\" \/>\n<meta property=\"og:site_name\" content=\"Informant\u00e9\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/informantenam\" \/>\n<meta property=\"article:published_time\" content=\"2026-10-03T06:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/informante.web.na\/wp-content\/uploads\/2026\/10\/Monthly-Economic-Update-\u2013-September-2026.png\" \/>\n\t<meta property=\"og:image:width\" content=\"446\" \/>\n\t<meta property=\"og:image:height\" content=\"374\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Staff Reporter\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@informantenews\" \/>\n<meta name=\"twitter:site\" content=\"@informantenews\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Staff Reporter\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/informante.web.na\\\/?p=401797#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/informante.web.na\\\/?p=401797\"},\"author\":{\"name\":\"Staff Reporter\",\"@id\":\"https:\\\/\\\/informante.web.na\\\/#\\\/schema\\\/person\\\/6ab65e7153fe62b690517153b8913a80\"},\"headline\":\"Monthly Economic Update \u2013 September 2026\",\"datePublished\":\"2026-10-03T06:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/informante.web.na\\\/?p=401797\"},\"wordCount\":763,\"publisher\":{\"@id\":\"https:\\\/\\\/informante.web.na\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/informante.web.na\\\/?p=401797#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/informante.web.na\\\/wp-content\\\/uploads\\\/2026\\\/10\\\/Monthly-Economic-Update-\u2013-September-2026.png\",\"articleSection\":[\"Editorial\",\"News\"],\"inLanguage\":\"en-ZA\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/informante.web.na\\\/?p=401797\",\"url\":\"https:\\\/\\\/informante.web.na\\\/?p=401797\",\"name\":\"Monthly Economic Update \u2013 September 2026 - Informant\u00e9\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/informante.web.na\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/informante.web.na\\\/?p=401797#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/informante.web.na\\\/?p=401797#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/informante.web.na\\\/wp-content\\\/uploads\\\/2026\\\/10\\\/Monthly-Economic-Update-\u2013-September-2026.png\",\"datePublished\":\"2026-10-03T06:00:00+00:00\",\"description\":\"The Q2 print has arrived and it overturns last month's story. Real GDP grew 4.8% year-on-year in the second quarter, up from 1.7% a year...\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/informante.web.na\\\/?p=401797#breadcrumb\"},\"inLanguage\":\"en-ZA\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/informante.web.na\\\/?p=401797\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-ZA\",\"@id\":\"https:\\\/\\\/informante.web.na\\\/?p=401797#primaryimage\",\"url\":\"https:\\\/\\\/informante.web.na\\\/wp-content\\\/uploads\\\/2026\\\/10\\\/Monthly-Economic-Update-\u2013-September-2026.png\",\"contentUrl\":\"https:\\\/\\\/informante.web.na\\\/wp-content\\\/uploads\\\/2026\\\/10\\\/Monthly-Economic-Update-\u2013-September-2026.png\",\"width\":446,\"height\":374},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/informante.web.na\\\/?p=401797#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/informante.web.na\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Monthly Economic Update \u2013 September 2026\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/informante.web.na\\\/#website\",\"url\":\"https:\\\/\\\/informante.web.na\\\/\",\"name\":\"Informant\u00e9\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/informante.web.na\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/informante.web.na\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-ZA\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/informante.web.na\\\/#organization\",\"name\":\"Informante\",\"url\":\"https:\\\/\\\/informante.web.na\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-ZA\",\"@id\":\"https:\\\/\\\/informante.web.na\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/informante.web.na\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/Informante-Logo-box-1.png\",\"contentUrl\":\"https:\\\/\\\/informante.web.na\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/Informante-Logo-box-1.png\",\"width\":655,\"height\":656,\"caption\":\"Informante\"},\"image\":{\"@id\":\"https:\\\/\\\/informante.web.na\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/informantenam\",\"https:\\\/\\\/x.com\\\/informantenews\",\"https:\\\/\\\/www.instagram.com\\\/informante_news\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UC-cBl9A2bCMZZphxM2pyMkw\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/informante.web.na\\\/#\\\/schema\\\/person\\\/6ab65e7153fe62b690517153b8913a80\",\"name\":\"Staff Reporter\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-ZA\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/6a3f99fe38bd6004877c284045a2c7874eaab29eb08429df5cabc23908fc45aa?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/6a3f99fe38bd6004877c284045a2c7874eaab29eb08429df5cabc23908fc45aa?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/6a3f99fe38bd6004877c284045a2c7874eaab29eb08429df5cabc23908fc45aa?s=96&d=mm&r=g\",\"caption\":\"Staff Reporter\"},\"url\":\"https:\\\/\\\/informante.web.na\\\/?author=10\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Monthly Economic Update \u2013 September 2026 - Informant\u00e9","description":"The Q2 print has arrived and it overturns last month's story. Real GDP grew 4.8% year-on-year in the second quarter, up from 1.7% a year...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/informante.web.na\/?p=401797","og_locale":"en_US","og_type":"article","og_title":"Monthly Economic Update \u2013 September 2026 - Informant\u00e9","og_description":"The Q2 print has arrived and it overturns last month's story. Real GDP grew 4.8% year-on-year in the second quarter, up from 1.7% a year...","og_url":"https:\/\/informante.web.na\/?p=401797","og_site_name":"Informant\u00e9","article_publisher":"https:\/\/www.facebook.com\/informantenam","article_published_time":"2026-10-03T06:00:00+00:00","og_image":[{"width":446,"height":374,"url":"https:\/\/informante.web.na\/wp-content\/uploads\/2026\/10\/Monthly-Economic-Update-\u2013-September-2026.png","type":"image\/png"}],"author":"Staff Reporter","twitter_card":"summary_large_image","twitter_creator":"@informantenews","twitter_site":"@informantenews","twitter_misc":{"Written by":"Staff Reporter","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/informante.web.na\/?p=401797#article","isPartOf":{"@id":"https:\/\/informante.web.na\/?p=401797"},"author":{"name":"Staff Reporter","@id":"https:\/\/informante.web.na\/#\/schema\/person\/6ab65e7153fe62b690517153b8913a80"},"headline":"Monthly Economic Update \u2013 September 2026","datePublished":"2026-10-03T06:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/informante.web.na\/?p=401797"},"wordCount":763,"publisher":{"@id":"https:\/\/informante.web.na\/#organization"},"image":{"@id":"https:\/\/informante.web.na\/?p=401797#primaryimage"},"thumbnailUrl":"https:\/\/informante.web.na\/wp-content\/uploads\/2026\/10\/Monthly-Economic-Update-\u2013-September-2026.png","articleSection":["Editorial","News"],"inLanguage":"en-ZA"},{"@type":"WebPage","@id":"https:\/\/informante.web.na\/?p=401797","url":"https:\/\/informante.web.na\/?p=401797","name":"Monthly Economic Update \u2013 September 2026 - Informant\u00e9","isPartOf":{"@id":"https:\/\/informante.web.na\/#website"},"primaryImageOfPage":{"@id":"https:\/\/informante.web.na\/?p=401797#primaryimage"},"image":{"@id":"https:\/\/informante.web.na\/?p=401797#primaryimage"},"thumbnailUrl":"https:\/\/informante.web.na\/wp-content\/uploads\/2026\/10\/Monthly-Economic-Update-\u2013-September-2026.png","datePublished":"2026-10-03T06:00:00+00:00","description":"The Q2 print has arrived and it overturns last month's story. Real GDP grew 4.8% year-on-year in the second quarter, up from 1.7% a year...","breadcrumb":{"@id":"https:\/\/informante.web.na\/?p=401797#breadcrumb"},"inLanguage":"en-ZA","potentialAction":[{"@type":"ReadAction","target":["https:\/\/informante.web.na\/?p=401797"]}]},{"@type":"ImageObject","inLanguage":"en-ZA","@id":"https:\/\/informante.web.na\/?p=401797#primaryimage","url":"https:\/\/informante.web.na\/wp-content\/uploads\/2026\/10\/Monthly-Economic-Update-\u2013-September-2026.png","contentUrl":"https:\/\/informante.web.na\/wp-content\/uploads\/2026\/10\/Monthly-Economic-Update-\u2013-September-2026.png","width":446,"height":374},{"@type":"BreadcrumbList","@id":"https:\/\/informante.web.na\/?p=401797#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/informante.web.na\/"},{"@type":"ListItem","position":2,"name":"Monthly Economic Update \u2013 September 2026"}]},{"@type":"WebSite","@id":"https:\/\/informante.web.na\/#website","url":"https:\/\/informante.web.na\/","name":"Informant\u00e9","description":"","publisher":{"@id":"https:\/\/informante.web.na\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/informante.web.na\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-ZA"},{"@type":"Organization","@id":"https:\/\/informante.web.na\/#organization","name":"Informante","url":"https:\/\/informante.web.na\/","logo":{"@type":"ImageObject","inLanguage":"en-ZA","@id":"https:\/\/informante.web.na\/#\/schema\/logo\/image\/","url":"https:\/\/informante.web.na\/wp-content\/uploads\/2019\/10\/Informante-Logo-box-1.png","contentUrl":"https:\/\/informante.web.na\/wp-content\/uploads\/2019\/10\/Informante-Logo-box-1.png","width":655,"height":656,"caption":"Informante"},"image":{"@id":"https:\/\/informante.web.na\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/informantenam","https:\/\/x.com\/informantenews","https:\/\/www.instagram.com\/informante_news","https:\/\/www.youtube.com\/channel\/UC-cBl9A2bCMZZphxM2pyMkw"]},{"@type":"Person","@id":"https:\/\/informante.web.na\/#\/schema\/person\/6ab65e7153fe62b690517153b8913a80","name":"Staff Reporter","image":{"@type":"ImageObject","inLanguage":"en-ZA","@id":"https:\/\/secure.gravatar.com\/avatar\/6a3f99fe38bd6004877c284045a2c7874eaab29eb08429df5cabc23908fc45aa?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/6a3f99fe38bd6004877c284045a2c7874eaab29eb08429df5cabc23908fc45aa?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/6a3f99fe38bd6004877c284045a2c7874eaab29eb08429df5cabc23908fc45aa?s=96&d=mm&r=g","caption":"Staff Reporter"},"url":"https:\/\/informante.web.na\/?author=10"}]}},"_links":{"self":[{"href":"https:\/\/informante.web.na\/index.php?rest_route=\/wp\/v2\/posts\/401797","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/informante.web.na\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/informante.web.na\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/informante.web.na\/index.php?rest_route=\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/informante.web.na\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=401797"}],"version-history":[{"count":1,"href":"https:\/\/informante.web.na\/index.php?rest_route=\/wp\/v2\/posts\/401797\/revisions"}],"predecessor-version":[{"id":401799,"href":"https:\/\/informante.web.na\/index.php?rest_route=\/wp\/v2\/posts\/401797\/revisions\/401799"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/informante.web.na\/index.php?rest_route=\/wp\/v2\/media\/401798"}],"wp:attachment":[{"href":"https:\/\/informante.web.na\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=401797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/informante.web.na\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=401797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/informante.web.na\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=401797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}