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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