Food prices stubborn as inflation eases to 3.5%
Thursday, January 18, 2024 | 450 Views |
Breathing room: Overall inflation is slowing down, but food inflation remains a worry PIC MORERI SEJAKGOMO
Statistics Botswana figures show annual food inflation dropped from 6.7% in November to 6.1% in December, while inflation associated with transport fell to 1.5% from 2.2%. Annual inflation associated with personal care fell from 8.9% to 7.7%.
The latest inflation level is well within the three to six percent objective range set by Bank of Botswana and seen as supportive of stable price growth.
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