Mmegi

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
Who watches the watchdog?

For a fact, in a democratic society such as Botswana, the media plays a crucial role of being watchdog, holding the powerful to account and exposing all possible wrongdoing for the benefit of the public.There has been a nagging question about who watches the watchdog after all? Perhaps, the investigations into alleged wrongful acts implicating those supposed to be playing the watchdog role will shed more light into what has happened such that the...

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