Statistics Botswana could launch PPI by September
Friday, June 14, 2019
The planned Producer Price Index (PPI) would measure the average change over time in selling prices received by domestic producers for their output. The prices included in the PPI are from the first commercial transaction for many products and some services.
At present, inflation in Botswana is measured via the Consumer Price Index where the prices of goods and services also include taxes, transport and mark ups by businesses. By focussing strictly on the prices manufacturers receive for their goods and services, the PPI helps develop a more accurate picture of inflation for policymakers and other players looking at trends such as disposable incomes and the strength of the pula.
The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...