Higher food prices to descend on festive season
Friday, November 09, 2018
In its latest update, Statistics Botswana says the prices of bread and cereals were 5.8 percent cheaper in September, than they were in September 2017.
The data agency’s statisticians track the prices of 12 commodities and services to calculate inflation, or the movement of prices, on a monthly basis. Each of the 12 sub-indices is given a weighting according to their influence on the overall calculation. Hence the transport sub-index, which incorporates fuel price increases that impact across the board, is assigned the heaviest weight.
The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...