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Inflation sinks to fresh low

Last month's fuel price decrease drove down inflation
Last month's fuel price decrease drove down inflation

The annual inflation rate hit a fresh low of 3.8 percent in December 2014, a decrease of half a percentage point on the November 2014 rate of 4.3 percent.

Figures released by Statistics Botswana yesterday, show that the decline was largely on the back of  fuel price decreases effected in December last year as government reduced petrol and diesel prices in tandem with falling international oil prices.

 The December inflation is the lowest rate since Botswana adopted the pula currency in 1976, with the previous lowest recorded in June 1972 at 3.5 percent.

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Editor's Comment
Celebrate responsibly, put safety first this holiday

“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...

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