INFLATION WATCH

Monday, July 28, 2008

Inflation Continues To Surprise On The Upside

Headline inflation rose faster than expected in June to 14.5 percent year-on-year from 12.1 percent year-on-year in May, surpassing our expectation of a one percent increase.

The June reading is the highest rate announced since the controversial rate of 17.7 percent announced in March 2006 in which the Education index was overstated from January to March and which was revised to 13.8 percent.

Just when we thought inflation would never go back to those dreaded levels, food and fuel prices seem to be driving it that way. The 2.4 percent month-on-month increase in the June number is entirely ascribed to food and fuel prices.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

A second supplementary voter registration will resume next week Monday: PIC MORERI SEJAKGOMO

Supplementary voter registration resumes Monday

Sharon Mathala | 13 h ago

Top DIS agents’ fear arrest, detention

Mpho Mokwape | 13 h ago

Manual Workers Union supports 15% increment

Larona Makhaiza | 16 h ago

Selefu

19 h ago

Five in court for stock theft

Boikanyo Mathonsi | 1d ago

Pastor gets 14-year imprisonment for raping minor

Larona Makhaiza | 1d ago

Murder accused prison warder for psychiatric assessment

Sharon Mathala | 1d ago

Anglo, De Beers face billion-dollar diamond shake-up

Mbongeni Mguni | 10 May 2024

Women unite for progress

It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...

The Monitor Editor | 14 May 2024

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.

Explore

More

INFLATION WATCH

Inflation Continues To Surprise On The Upside

Headline inflation rose faster than expected in June to 14.5 percent year-on-year from 12.1 percent year-on-year in May, surpassing our expectation of a one percent increase.

Supplementary voter registration resumes Monday

Top DIS agents’ fear arrest, detention

Manual Workers Union supports 15% increment

Selefu

Five in court for stock theft

Pastor gets 14-year imprisonment for raping minor

Murder accused prison warder for psychiatric assessment

Anglo, De Beers face billion-dollar diamond shake-up

Women unite for progress

Explore

More

INFLATION WATCH

Inflation Continues To Surprise On The UpsideHeadline inflation rose faster than expected in June to 14.5 percent year-on-year from 12.1 percent year-on-year in May, surpassing our expectation of a one percent increase.

Inflation Continues To Surprise On The Upside

Headline inflation rose faster than expected in June to 14.5 percent year-on-year from 12.1 percent year-on-year in May, surpassing our expectation of a one percent increase.