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Inflation returns to 13-year high

Going up: Fuel prices anchor the costs of nearly every other service in the economy PIC: MORERI SEJAKGOMO
Going up: Fuel prices anchor the costs of nearly every other service in the economy PIC: MORERI SEJAKGOMO

The rate of increase in the prices of goods and services reached 11.9% in May, the highest level since January 2009, powered by the recent adjustment in fuel pump prices.

Inflation was measured at 9.6 percent in April, having come down from 10% in March and 10.6% in both February and January.

Data released by Statistics Botswana this morning (Wednesday) indicates that the biggest contributor to the latest inflation figure was the transport sector, under which movements in fuel prices are recorded. Retail pump prices of petrol and diesel rose by an average P1.92 on May 13, in the second adjustment of the year after an average P1.33 increase on March 29.

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Editor's Comment
Are we doing enough?

Women and children continue to suffer at the hands of men who, in their heads, seem to view them as objects they can abuse to satisfy their sick, disgusting tendencies. Hardly a day goes by without reports of a woman, an elderly woman, or a child being raped! Where are we going as Batswana? Rapists have instilled fear into people’s lives; there is no haven for anyone anymore as people live in fear not only walking the streets, but also inside...

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