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Food prices stubborn as inflation eases to 3.5%

Breathing room: Overall inflation is slowing down, but food inflation remains a worry PIC MORERI SEJAKGOMO
Breathing room: Overall inflation is slowing down, but food inflation remains a worry PIC MORERI SEJAKGOMO

The rate of increase in the average prices of goods and services in the economy eased in December, as reflected by inflation slowing to 3.5% from 3.9% in November.

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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Editor's Comment
Celebrate responsibly, put safety first this holiday

“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...

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