Inflation slows further

Statistics Botswana figures released earlier today show that the reduction in annual inflation between January and February was largely due to base effects related to price increases in February 2022.

In an update, Statistics Botswana noted that major contributors to the annual inflation rate in February 2023 were Transport, Food & Non-Alcoholic Beverages, Housing, Water, Electricity, Gas & Other Fuels, as well as other Miscellaneous Goods & Services.