Inflation peaks on fuel prices

Friday, December 21, 2018

Inflation rose to a four-year high in November, being pegged at 3.8 percent due to an across-the-board fuel price increase effected in the middle of the month.

According to the latest numbers from Statistics Botswana, inflation jumped 0.2% in November after the average 35thebe increase in fuel prices effected on November 15.

The transport index, one of 12 used to calculate the Consumer Price Index (CPI), carries the heaviest weighting in the basket of indices used to measure inflation. The weighting means any movements within the index impact significantly on the overall CPI, on which the inflation rate is based.

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Inflation peaks on fuel prices

Inflation rose to a four-year high in November, being pegged at 3.8 percent due to an across-the-board fuel price increase effected in the middle of the month.

Govt inks $4bn renewable energy deal with Indian firm

Detained Mexican 'Drug Kingpins' wanted in Mozambique

Greater Gaborone gets P534m hi-tech traffic eye

Ramogapi, Palapye’s dapperly garbed legislators

Citizenship isn't for sale—Mokgware

Intervene early, don't rely on death penalty—Boko

Micro-procurement maze demands urgent reform

Christmas tree charcuterie

Micro-procurement maze demands urgent reform