Inflation holds steady at 4.3%

Since last year, inflation has maintained within the Bank of Botswana’s three to six percent objective rate. According to Statistics Botswana, contributing to the annualised inflation rate, were eight out of the twelve group indices, notably alcoholic, beverages, tobacco and narcotics, which experienced positive increases. The statistics agency also noted that increases also outweighed the decreases recorded by major group indices of transport and food and non-alcoholic beverages in the period under review. Group indices moved at slow pace between October and November 2014, recording changes of less than 0.5 percent.