Inflation slows further

Out of reach: Cooking oil prices have risen by an average 36% in the last 12 months
Out of reach: Cooking oil prices have risen by an average 36% in the last 12 months

The annual rate of inflation slowed to 9.1 percent in February, from 9.3 percent in January, but price pressure remains on basic commodities, particularly cooking oil and vegetables.

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.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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