Inflation drops marginally

Tuesday, June 16, 2015

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.

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