Mmegi

Inflation softens marginally

Stabilising: Food prices were amongst the leading drivers of inflation, but the increases are levelling off PIC MORERI SEJAKGOMO
Stabilising: Food prices were amongst the leading drivers of inflation, but the increases are levelling off PIC MORERI SEJAKGOMO

The rate of increase in the prices of goods and services in the economy declined marginally in May, reaching three percent, from 3.1 percent in April.

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.

Editor's Comment
Consult, get buy-ins first for 6 to 6 policy, Hon Minister

While the minister is of the view that the proposal would have significant positive economic impact, the entertainment industry players believe otherwise. The issue has over the weeks become a hot potato. But what is of essence right now is that the country needs liberal ideas to move in the right direction While opening up the economy may sound quite interesting to the ear, rolling out extended trading hours through pilot programmes without...

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