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.

Editor's Comment
Batswana need to do better to stop FMD

It is a clear signal that the government’s purse is empty and that our own behaviour has left veterinary officials fighting with one hand tied behind their backs. We have been here before. During COVID-19, many of us thought we knew better. We ignored simple rules, we carried on as if the danger was someone else’s problem, and the virus took lives and left our economy on its knees. We are still broke from that experience. Yet now, with FMD...

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