Inflation prints at 26-month high on fuel price hike

Figures released by Statistics Botswana show the annual inflation rate in March 2017 printed at 3.5%, an increase of 0.1 of a percentage point on the February 2017 rate of 3.4%.

 Fuel, which falls under the transport index, carries the highest weight in Statistics Botswana’s Consumer Price Index (CPI) basket. “The transport index group registered an increase of 1.0% from 99.8 in February 2017 to 100.9 in March 2017. This was attributed to an increase in the constituent section index of Operation of Personal Transport, which went up by 2.1%.