Inflation rate eases to 4.5%

Thursday, October 16, 2014

Statistics Botswana officials at yesterday's press briefing PIC: MORERI SEJAKGOMO

Statistics Botswana (SB) says the Consumer Price Index (CPI), which measures inflation has dropped to 4.5 percent in September from 4.6 percent recorded in August 2014.

The statistical agency attributed the reduction to the slow growth realised in prices of commodities in the major groups such as food and transport, which dropped by 2.8 and 2.1 percent respectively in the 12 months period.

Briefing media on Wednesday, principal statistician, Ketso Makhumalo, said the food inflation rate went down to 2.6 percent in September 2014 against a 4.7 percent rate recorded in September 2013.

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Inflation rate eases to 4.5%

Statistics Botswana (SB) says the Consumer Price Index (CPI), which measures inflation has dropped to 4.5 percent in September from 4.6 percent recorded in August 2014.

The projects magazine in collaboration with Stanbic bank launched the future of mining summit 2024

MISA Botswana celebrates World Press Freedom day

Unlawful wounding turns to murder

Mahalapye suspected copper cable thief nabbed

TAFIC targets top four finish

Selefu

Selefu

Repatriation underway for seven SA Pilgrims

Stakeholders must step up veggie supply