Inflation stays put at 13-year high

Tuesday, March 15, 2022 | 1520 Views |

Out of reach: Cooking oil prices have risen by more than 28% in the 12 months to February 2022.

The rate of inflation remained at 10.6% in February, unmoved from January, with marginal price movements of various goods and services between the two months, a Statistics Botswana report released today indicates.

The current inflation rate represents the highest level since March 2009 and has been driven by a range of increases in administered prices last year, in particular, fuel prices which rose five times in 2021.

In its last review in late February, the Bank of Botswana (BoB) said inflation is projected to fall from the second quarter of 2022 and revert to within the target range of between three and six percent, from the third quarter of 2022.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

Botswana initially pursued a joint bid with Namibia. PIC MORERI SEJAKGOMO

We wasted P60m on AFCON bid book – Khan

Mqondisi Dube | 18 h ago

'BFA erred on foreign players quota'

Mqondisi Dube | 18 h ago

Pule: Facing your nemesis on on the other side of the aisle

Ryder Gabathuse | 15 May 2026

India eyes stronger Africa ties

Larona Makhaiza | 15 May 2026

Swiping values drop

Mbongeni Mguni | 1d ago

Clash of Legends receives P1.5m payout from Betway

staff writer | 1d ago

Raguin bags first professional tour win

Mqondisi Dube | 1d ago

Creatives to honour Tshwenyego

staff writer | 1d ago

Oh what a State funeral!

That rare sight deserves heartfelt praise, not only for President Duma Boko and his administration, but also for the Botswana Democratic Party (BDP), the Umbrella for Democratic Change (UDC), the Mogae family, and the entire country.President Boko’s decision to grant a full state funeral to a man who belonged to a rival party was a mark of true statesmanship. He recognised that national leadership carries a weight that belongs to the whole...

The Monitor Editor | 19 May 2026

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.