Inflation stabilises after fuel price reduction

Food and fuel have been the drivers of the country's inflation, which has been on the surge since October last year. However, following the easing of crude oil prices on the international market in the past two months from US$147 per barrel in July to under US$ 100 per barrel this week, the government in August reduced fuel price by 50 thebe. This translated to a 0.6 percent fall in fuel prices. However, the prices are still 35.6 percent up on a year to date basis.