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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.

Editor's Comment
Gov't must guard against cadre deployment

As the Botswana National Front (BNF) discusses a policy to place suitably qualified members in strategic positions, the guiding consideration should remain whether an individual is the best person to serve the country. There is nothing wrong with qualified party members applying for public positions. Political affiliation should neither disqualify a capable candidate nor give them an advantage over others. Every Motswana deserves a fair...

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