Rising inflation could become ingrained - Bifm

The experts believe that while the rising energy prices will press firms to squeeze consumers for profit margins, the latter will also be under pressure from food, energy and commodity prices, thus demanding higher wages.

As a result, inflation could become embedded in the local economy, potentially staying higher above the Bank of Botswana's target range for longer.  The central bank expects inflation to return to the three to six percent target range by the second half of next year from current levels of 8.3 percent.