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Consumers' pain in the pocket worsens

Monday, June 20, 2022 | 10 Views |

Double whammy: Consumers were hit with more bad news last week PIC: PHATSIMO KAPENG

The rate of increase in the prices of goods and services reached 11.9% in May, the highest level since January 2009, powered by the recent adjustment in fuel pump prices.

Inflation was measured at 9.6 percent in April, having come down from 10% in March and 10.6% in both February and January.

Data released by Statistics Botswana on Wednesday morning indicates that the biggest contributor to the latest inflation figure was the transport sector, under which movements in fuel prices are recorded.

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Consumers' pain in the pocket worsens

The rate of increase in the prices of goods and services reached 11.9% in May, the highest level since January 2009, powered by the recent adjustment in fuel pump prices.

Stanbic pretax profits up 11%

The audacity to be a unicorn

Faulty gadgets top complaints to BOCRA

Civil Society fights 'flawed' constitutional amendment

Civil Society calls for Constitution review governing Act

IEC rejects 2,513 registrations

Motshegwa prevails against detractors

Serowe woman ingests acid, attempts suicide

Inspect the voters' roll!