Inflation seen slowing further

Shoppers in a shop PIC: PHATSIMO KAPENG
Shoppers in a shop PIC: PHATSIMO KAPENG

Inflation for May could print at 5.9 percent, the lowest in two years, pointing to some relief for consumers who are emerging from the highest cost of living in 14 years.

Estimates provided last week by asset management consultancy, Kgori Capital, suggest a cooling of inflation from its previous highs in the coming months. Kgori Capital investment analyst, Kitso Mokhurutshe told Monitor Business that the expected decline was due to “strong base effects”.

In the calculation of inflation, base effects relate to inflation in the corresponding period of the previous year, which if abnormally high, distorts the measurement of inflation in the current period.

Editor's Comment
Something ought to be done about deadly A3 Road

The accident which happened near Marapong village comes after yet another horrific accident which claimed 16 lives in July last year near Hubona. These stats don’t include other accidents where fatalities were not as many as the two.While several factors may have contributed to the two accidents and many others, many believe the biggest with that road is the bad state that the road is in. Unconfirmed reports in the most recent accident state...

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