Inflation softens marginally
Thursday, June 20, 2024 | 460 Views |
Stabilising: Food prices were amongst the leading drivers of inflation, but the increases are levelling off PIC MORERI SEJAKGOMO
Statistics Botswana figures indicate that the annual rate of inflation was slightly softer in May owing to base effects associated with the movement of prices in the corresponding period last year.
Statistics Botswana’s data analysis revealed that Miscellaneous Goods & Services, Transport, and Food & Non-Alcoholic Beverages were the major contributors to the May 2024 annual inflation rate.
It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...