Botswana rebases CPI, adds new items

Friday, December 21, 2018

Statistics Botswana is rebasing the Consumer Price Index (CPI), the measure of inflation, to reflect changing consumption patterns and the spread of technological products and services, BusinessWeek has learnt.

Currently, the CPI is calculated through monitoring price movements of 393 goods and services spread over 12 broad categories, in cities, towns and rural areas.

Each of these “broad categories” which include food, transport, health, communication and others, is assigned a different weighting in the overall CPI calculation, reflecting its impact on inflation.

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Botswana rebases CPI, adds new items

Statistics Botswana is rebasing the Consumer Price Index (CPI), the measure of inflation, to reflect changing consumption patterns and the spread of technological products and services, BusinessWeek has learnt.