Rebased inflation data outdated � Analysts

The current inflation figures do not reflect today’s consumption patterns despite the data being rebased only two months go, analysts reckon.

Botswana Consumer Price Index (CPI) was rebased in October last year, with Statistics Botswana changing its CPI base year from 2006 to 2016 while also modifying calculation of consumer inflation to factor in changes in consumption patterns, product availability and basket weights.

However, market analysts at Investec Asset Management say the survey used to update consumption patterns is itself outdated and will therefore not reflect the current trends.

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