Inflation drops marginally

Labobedi
Labobedi

The national year-on-year inflation rate stood at 3.0 percent in May, down by a marginal 0.1 of a percentage point from 3.1 percent in April, figures released by Statistics Botswana yesterday show.

This means prices increased by a slower rate last month, when compared to the same period last year.

Speaking at the presentation of the release yesterday, Acting Principal Statistician, Phaladi Labobedi stated that the national inflation rate for May was lower than the 4.5 percent recorded during the same month in 2014.

Editor's Comment
Appeal to public transport operators to exercise caution

Those who occasionally use highways like the A1 and A3 roads will bear testimony to have experienced this firsthand as they have been overtaken by overspeeding buses. Sadly, some of the passengers are the ones who urge some bus drivers to overspeed.The result of this madness is the horrific accident that claimed lives of nine people on Sunday evening near Lechana settlement along the A1 Highway.It is reported that the incident occurred after the...

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