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
Gov't must guard against cadre deployment

As the Botswana National Front (BNF) discusses a policy to place suitably qualified members in strategic positions, the guiding consideration should remain whether an individual is the best person to serve the country. There is nothing wrong with qualified party members applying for public positions. Political affiliation should neither disqualify a capable candidate nor give them an advantage over others. Every Motswana deserves a fair...

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