Inflation could fall even further

Inflation could fall even further
Inflation could fall even further

Inflation could drop below its current historic level of 2.4 percent in the short term, as the Bank of Botswana expects fuel prices to remain unchanged in the last quarter of the year.

Inflation, or the rate of increase in prices, fell to what most data sets suggests is an all-time low of 2.4 percent in October, helped by low imported inflation, restrained demand in the economy and stable administered prices. 

The Bank of Botswana (BoB) said in the absence of a fuel price increase in the remainder of 2019, the base effects stemming from the increase in fuel prices in the last quarter of 2018 will contribute to inflation trending even lower in the short term. Base effects are distortions in monthly inflation resulting from abnormally high or low levels of inflation in the corresponding month a year before. 

Editor's Comment
Bravo police for prompt action

It is also hurting that whilst we all know that the Botswana Police Service (BPS) is charged functionally with the duties to investigate all forms of crime, some locals have resorted to taking the law into their own hands. It is very wrong to do that. There is also a possibility that one may wrongfully take the life of a person in the process, unless it is a justifiable case of self-defence. Recently, in the city of Francistown, some locals found...

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