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
Oh what a State funeral!

That rare sight deserves heartfelt praise, not only for President Duma Boko and his administration, but also for the Botswana Democratic Party (BDP), the Umbrella for Democratic Change (UDC), the Mogae family, and the entire country.President Boko’s decision to grant a full state funeral to a man who belonged to a rival party was a mark of true statesmanship. He recognised that national leadership carries a weight that belongs to the whole...

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