the monitor

Inflation seen inching higher

HEATING UP: Inflation is expected to speed up this year and into 2026 due to the market reaction from the Pula exchange rate framework adjustments. PIC MORERI SEJAKGOMO
HEATING UP: Inflation is expected to speed up this year and into 2026 due to the market reaction from the Pula exchange rate framework adjustments. PIC MORERI SEJAKGOMO

The Bank of Botswana now expects inflation to average 3.5 percent this year, from a June projection of 2.7 percent, due to the acceleration of prices following recent changes to the pula exchange rate framework.

The central bank now expects inflation next year to average 5.9 percent, up from the 4.6 percent forecast in June.

Speaking at a briefing held after the August Monetary Policy Committee meeting last week, BoB governor, Cornelius Dekop, said the inflation outlook had changed significantly due to both exchange rate and retail price increases associated with the July 11 adjustment of the pula exchange rate framework.

Editor's Comment
Boko should stop the fighting and start the delivering

With his theme of 'Delivering on Our Promise, One Step at a Time', he sought to project an image of a focused, determined leader building a new ‘Rome’. Sadly, parts of his speech were not about laying bricks, but about settling old scores.It is deeply worrying that a head of government would use such a pivotal national address to launch another bitter broadside against the media and his political detractors. His portrayal of the...

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