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Inflation slows to all-time low

The decrease in fuel price have knocked down inflation
The decrease in fuel price have knocked down inflation

Annual consumer inflation slowed to 2.7 percent in January from 3.1 percent in December, the lowest rate ever recorded in Botswana, data released by the statistics office on Monday shows.

The decrease was mainly driven by the transport sector with the drop in fuel prices slowing the rate of price increases.   

The December inflation is the lowest rate recorded since Botswana adopted the pula currency in 1976, with the previous lowest registered in March 2015 at 2.8 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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